By Liangping Gao and Kevin Yao BEIJING (Reuters) -China’s new home prices fell at the fastest pace in more than nine years in August, official data showed on Saturday, as supportive measures failed to spur a meaningful recovery in the …
2/2 © Reuters. Vehicles drive through Beijing’s central business area, China April 23, 2018. REUTERS/Jason Lee/File Photo 2/2 By Kevin Yao BEIJING (Reuters) – China’s central bank faces a major hurdle in quelling the threat of deflation: more credit is …
© News agency. SUBMIT PICTURE: Paramilitary law enforcement officers stand up shield before the main office of individuals’s Banking company of China, the reserve bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang SHANGHAI/SINGAPORE (Wire Service) -China’s reserve bank …
Chinas reserve bank is not most likely to reduce the needed reserve ratio for significant banks this year as manufacturer rates continue increasing to a fresh five-year high, financial experts stated. The Peoples Bank of China will leave the reserve …
