China to cut key rates by 10 points, bank reserve requirement by 50 points in bid to boost economy

China's central bank to spur financing support for consumption, trade

BEIJING: China's central bank said on Friday (May 9) it will spur financial institutions to expand support for consumption and foreign trade amid a protracted trade war with the United States. Beijing stepped up efforts this week to cushion the economic damage caused by the tariff conflict with Washington,

China’s Central Bank Urges Coordinated Push to Boost Inflation

China’s central bank has called for coordinated efforts within the government to lift consumer prices, sending an unusually strong message on the need to tackle a problem that has plagued the world’s second-largest economy for years.

China’s central bank unveils 10-point plan to help calm markets, steer growth

Among the most headline-grabbing moves is a 0.5 percentage point cut in the reserve requirement ratio, expected to unleash some CNY1 trillion ($138bn) into the financial system. But that’s just the beginning.

China unveils measures to counter US trade war impact as talks loom

China announces interest rate cuts, reserve reductions, and funding boosts to counter U.S. tariffs, as both nations prepare for Geneva trade talks

The Chinese and US administrations have confirmed that they will talk about tariffs later this week, and China, in an effort to help its slowing economic growth, has already cut interest rates and reduced the reserve requirement ratio. Such decisions by China are aimed at reducing loan interest rates and increasing liquidity. This morning, the value of the Hong Kong HANG SENG index is increasing by about 0.80 percent. Today, the FED will announc…

They will also reduce several important interest rates, to offset the effects of the tariff war.