Bang Post News Today

Has left the five year loan prime rate, which is a reference rate for mortgages unchanged, and that given the crisis we are seeing in the countrys the sector is reason for concern as it fails to restore the confidence of potential homebuyers and fails to give develop his a much—needed boost through sales. but all of this is consistent with the criticism we have been hearing from analysts about chinas response to its mounting problems, that so far it has just not been sufficient. it so far it h...

Has just cut one of its court lending rates. it is a one—year loan crime rate and it is now at a fresh record low of 3.45% but it has decided to leave its five year rate unchanged at 4.2%. in recent weeks we have had a slew of economic data which showed growth is slowing in the worlds second biggest economy and on sunday the countries of central bank also urged banks to increase lending to companies to boost growth. daniel murray from private bank efgam told me what he makes of chinas current ...