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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 reduces benchmark loan prime rates by 25 basis points to boost economy
The headquarters of the People's Bank of China in Beijing Photo: IC. China cut its benchmark lending rates by 25 basis points on Monday, as authorities intensified monetary suppor
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's Ping An Insurance posts 36.1% rise in 9-month profit
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 investment returns and new policies sold as the economy recovers.
Ping An Insurance Reports Strong Nine-Month Growth
Ping An Insurance Company of China (HK:2318) has released an update. Ping An Insurance Company of China demonstrated robust financial
Ping An Says Profit Rises as Stock Market Rally Lifts Returns
Co. said profit jumped 36% for the first nine months of this year, after a stock-market rally bolstered investment returns at China’s second-largest insurer by market value.
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.
15h
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.
20h
Aramco CEO Says He’s Bullish on China After Stimulus Roll-Out
Saudi Aramco is bullish on China’s oil consumption after the government introduced a raft of stimulus measures aimed at ...
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 ...
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 ...
16h
China's booming grey markets add woes to luxury brands
China's second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are ...
Hosted on MSN
3d
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 ...
Opinion
3d
on MSN
Opinion
China’s One-Child Economic Disaster
Facing demographic decline of its own design, the Communist Party now may subsidize bigger families.
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