The People's Bank of China (PBOC) said it was lowering the rate on 400 billion yuan of one-year medium-term lending facility (MLF) loans to some financial institutions by 10 basis points to 2.75 percent, versus 2.85 percent. The central bank said it also lowered the interest rate of sev...
a city known as “capital of China's designer toys”. Covering an exhibition area of 20,800 square meters with 1600 international standard booths, the fair attracted more than 500 exhibitors from over
The Chinese government unveiled a series of stimulus to prompt up growth. In a fresh move, China's central bank on Monday unexpectedly lowered interest rates on key lending facilities for the second time this year. The People's Bank of China (PBOC) said it was lowering the rate on 400 bi...
The People's Bank of China (PBOC) said it was lowering the rate on 400 billion yuan of one-year medium-term lending facility (MLF) loans to some financial institutions by 10 basis points to 2.75 percent, versus 2.85 percent. The central bank said it also lowered the interest rate of sev...
Coming up on today’s program. 重点提要 Key guideline is issued to spur growth of private economy with concrete measures; China adjusts key parameter to facilitate cross-border financing and stabilize the yuan. Here’s what you need to know about China in the past 24 hours ...
Medium-term Lending Facility (MLF)refers to the central bank's monetary policy tool for providing medium-term base currency. The medium-term lending facility interest rate adjusts the cost of medium-term financing of financial institutions and guides them to provide low-cost funds to the real ec...