The People’s Bank of China (PBOC) opted to maintain its one-year policy rate unchanged,...
PBOC Cuts Benchmark Lending Rates to 3.1% in Bid to Boost Economy
On Monday, the People's Bank of China (PBOC) announced the reduction of its main...
China Initiates $112.38 Billion Injection into Stock Market Through Funding Schemes
The People's Bank of China (PBOC), on Friday, has launched two funding schemes aimed...
Chinese Banks Expect to Lower Deposit Rates Within This Week
Chinese banks are anticipated to reduce interest rates on approximately 300 trillion yuan worth...
PBOC Initiates CNY 500 Billion Funding Scheme to Support Capital Market
The People's Bank of China (PBOC) announced on Thursday the commencement of applications from...
China Implements Measures to Ease Mortgage Costs for Millions of Homeowners
China has taken significant measures to lower borrowing costs on a massive $5.3 trillion...