China cuts rates, rolls out other moves to help the slowing economy

China rolls out sweeping stimulus measures to buoy sagging economy

SHANGHAI -- Chinese stocks rallied on Tuesday after the central bank announced a string of interest rate cuts and new measures to boost the market, as

China moves to boost ailing economy with property, stimulus measures

The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest rates and support the property market. Read More The post China moves to boost ailing economy with property, stimulus measures appeared first on Drudge Report.

China's economy sees new hope as central bank announces cut in reserve requirements

People’s Bank of China Gov. Pan Gongsheng said the reserve requirement for banks would be cut by 0.5 percentage points and that the central bank would follow up with further cuts. That would free up more money for lending

China unveils broad stimulus measures to revive economy

China's central bank on Tuesday announced broad monetary stimulus and property market support measures to revive an economy grappling with strong deflationary pressures and in danger of missing this year's growth target.

China rolls out broad rate cuts and other stimulus to spur weak economy

China announced a broad range of measures on Tuesday to support the faltering economy, stabilise the housing sector and restore market confidence. Stocks and bonds jumped after the announcement. © New Straits Times Press (M) Bhd