china interest rate

The Latest

  • PBOC To Improve Liquidation, Promote Financial Market Reform
    PBOC
    The People's Bank of China announced that it would impose more financial easement policies to aid economic recovery from the adverse effects of the pandemic to its financial system.
  • PBOC Injects Economic Easement Policies For Businesses And Consumers
    China Central Bank
    The PBOC imposed lower interest rates on loans from banks by injecting 50 billion yuan into the country's financial system.
  • Property Sector, Small Businesses Takes Worst Hits
    DEBT
    China is experiencing significant increases in its bad debts while investors see the sale of cheaper entities a business opportunity.
  • 80 Percent Of Chinese Banks Convert To Online Banking By 2024
    China Central Bank
    The International Data Corporation (IDC) has predicted that Chinese banks would acquire fintech solutions from the cloud market by 2024 that could result in complete digitization of its banking system.
  • China Cuts Interest Rates To Boost Asian Markets
    China FInancial Market
    Last Tuesday, China announced the reduction of interest rates which would help Asian markets have better access to financial aid from its banks.