
China Slashes Mortgage Rates More Than Expected, Boosting Real Estate Market
China’s unexpected 25 basis point cut to the five-year loan prime rate boosts mortgage rates, supporting the real estate market and easing borrower costs.
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China’s unexpected 25 basis point cut to the five-year loan prime rate boosts mortgage rates, supporting the real estate market and easing borrower costs.
China’s over-five-year loan prime rate drops to 3.95%, signaling potential shifts in the housing and lending markets.
Chinese premier Xi Jinping calls for enhanced land resource management and a comprehensive green transition to drive high-quality development and innovation in China.
Chinese mainland’s proactive policies in the pharmaceutical sector are attracting global medical giants, boosting investments and expanding operations in key development areas.
Chinese stock markets experienced significant gains on the first trading day after the Chinese New Year, led by education and AI sectors.
Celebrating five years, the Greater Bay Area shines as a model of economic growth and innovation with significant advancements in trade and infrastructure.
The Chinese mainland’s economy saw a significant boost during the Spring Festival holiday, with travel and consumption surging by 2.8 times compared to last year.
China’s Spring Festival sparks a consumption surge, highlighting robust domestic demand and signaling a positive start to its 2024 economic year.
China’s A-share market celebrates 35 years with a $10.89 trillion capitalization. New CSRC measures aim to stabilize the market and drive growth amid economic challenges.
Serbia kicks off a 12-year series of Chinese New Year stamps, starting with a dragon design, celebrating cultural diversity and strengthening Serbia-China ties.