China cuts borrowing rate more than expected to revive housing sector

SHANGHAI: China cut its benchmark reference rate for mortgages by an unexpectedly wide margin on Friday, its second reduction this year as Beijing seeks to revive the ailing housing sector to prop...

Related Keywords

Beijing ,China ,Shanghai ,Chinese ,Marco Sun ,Xing Zhaopeng ,Li Keqiang ,People Bank ,Goldman Sachs ,Federal Reserve ,Reuters ,Chinese Premier Li Keqiang ,Loan Prime Rate ,Capital Economics ,Shanghai Composite Index ,Hong Kong Listed , ,