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LPR: China makes biggest-ever cut to key mortgage rate to support housing market

China’s central bank has cut its key mortgage reference rate by a record amount, as it ramps up efforts to stem a prolonged property crisis.

Hong kongAdministration of foreign exchange onPeople bankCapital economicsZhongrong trustState administrationForeign exchange

LPR: China cuts key mortgage rate to record low to support housing market

Kyoto/Reuters The People's Bank of China in Beijing cut the five-year lending prime rate on Tuesday. Editor's note: Sign up for CNN's

Hong kongZhongrong foundationAdministration of foreign exchange onPeople bankChina newsletterCapital economicsState administrationForeign exchange

China s new financial regulator pledges transparency to bring investors back from the brink

The Central Financial Commission has vowed to keep policies in line with international rules and avoid jarring turns in regulation in an attempt to reverse or mitigate 2023’s precipitous drops in stock value and foreign investment.

Hong kongYi huimanWang chunyingAdministration of foreign exchange onState administrationForeign exchangeLunar new yearPresident xi jinpingChina economyChina financeFinancial regulationChina investmentChina x27s economic recoveryCommunist party of chinaXi jinpingCentral financial commission

Here are five things that happened in China this week

The Leading Family Newspaper in Zimbabwe

Manyika kangaiWorld bankOrganisation for economicInternational monetary fundAdministration of foreign exchange onAdministration of customsEconomic co operationGeneral administrationState administrationForeign exchangeFrom december

China Wants to Strengthen Supply Chains Even as Foreign Investors Flee

China Wants to Strengthen Supply Chains Even as Foreign Investors Flee
voanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voanews.com Daily Mail and Mail on Sunday newspapers.

United statesWorld bankDistrict of columbiaRepublic ofT ai peiZhang shaogangWang hsiu wenTsai ming fangJoe bidenLi qiangDepartment of industrial economics at tamkang universityEuropean unionInstitute for national defenseChina council for the promotion of internationalAdministration of foreign exchange onInternational supply chain expo on

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