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BBCNEWS World Business Report June 4, 2024 04:36:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:36:00

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 country's 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 china's response to its mounting problems, that so far it has just not been sufficient. it so far it has 'ust not been sufficient._ sufficient. it is certainly true the _ sufficient. it is certainly t...

BBCNEWS Asia Business Report June 4, 2024 01:30:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:30:00

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 world's 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 china's current economic challenges. it is certainly true that china's economy has reacted more with a windpipe ra...