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China Cuts Benchmark Lending Rates
China Cuts Benchmark Lending Rates as Easing Push to Boost Economy Continues
China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts to boost the ailing economy.
China cuts interest rates in battle to hit year-end growth target
China unveiled some of its biggest cuts to benchmark lending rates in years as the government stepped up efforts to reboot the economy and hit its year-end target of about 5 per cent GDP growth. The People’s Bank of China said on Monday that the country’s one-year loan prime rate would be reduced to 3.
China Cuts Benchmark Lending Rates To Revive Growth
China reduced its benchmark lending rates by 25 basis points on Monday as the economic growth slowed further amid persistent
Oil, China
Oil prices trim Middle East war risk-gains, China demand remains a worry
Oil prices fell on Tuesday, paring the previous day's nearly 2% rise as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East, and as slow demand in China, the world's top oil importer,
Oil prices rebound after last week’s 8% drop as traders weigh China demand concerns
Oil prices climbed on Monday, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy for the world’s top oil importer.
Oil prices steady after 7% weekly drop
Oil prices steadied in early trading on Monday, following a more than 7 per cent drop last week on worries about demand in China, the world's top oil importer, and an easing of concerns about potential supply disruptions in the Middle East.
2d
There's more to China's luxury spending slump than its struggling economy
Demand for luxury goods is slowing in China, and tough economic conditions aren't only to blame for this.
18h
China's Economic Moves Fail to Impress Big Stocks as Alibaba, NIO Fall. Here's Why.
China’s central bank cut two key interest rates on Sunday, which was enough to help the Shanghai Composite Index to an ...
4d
on MSN
China's economy likely to have slowed in Q3, Beijing's 2024 target at risk
China's economy is expected to have slowed in the third quarter, dragged by a prolonged property downturn and weak ...
3d
on MSN
China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
China's GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters.
3d
on MSN
China’s economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target
China has reported that its economy expanded at a rate of 4.6% in the July-September quarter. The data released Friday show ...
19h
China's Ping An Insurance posts 36.1% rise in nine-month profit
Co of China Ltd reported on Monday a 36.1% rise in net profit in the first nine months of the year, driven by growing ...
Foreign Affairs
32m
China’s Agents of Chaos
China’s approach could be especially effective in the event of a war. If Beijing and Washington had to battle, the axis is ...
3d
China’s Lackluster Growth Continues, Signaling Why Beijing Acted on Economy
New data shows the challenges facing Chinese policymakers trying to stimulate an economy marked by falling prices, weak ...
Hosted on MSN
4d
China's economy grows 4.6% in Q3, keeping stimulus calls alive
China's economy grew slightly quicker than expected in the third quarter, but a prolonged property downturn and weak ...
5d
on MSN
China’s Economy Likely Grew at Weakest Pace in Six Quarters
China’s economy likely grew at its weakest pace in six quarters, prompting Beijing to roll out a swath of stimulus measures ...
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2h
Foreign trade of China's economic powerhouse hits record high
GUANGZHOU - Guangdong province, a powerhouse of China's economy, has reported a new record in its foreign trade for the first ...
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