China Introduces New Policies to Stabilize Real Estate Market
China unveils new measures to stabilize its real estate market, including support for housing renovations and enhanced financing through the white list mechanism.
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Global Investors Anticipate Chinese Stock Market Surge
International investors and analysts express strong optimism for a Chinese stock market rally following recent economic policy adjustments and positive signals from the People’s Bank of China.
China’s CPC Leadership Unveils Plans for Continued Economic Stability and Growth
China’s CPC Central Committee, led by Xi Jinping, outlines strategies for maintaining economic stability and fostering growth, focusing on policy implementation, market stabilization, and employment support.
CSRC Unveils Strategies to Enhance Quality and Investment Value of Listed Firms
China’s CSRC introduces new measures to enhance the quality and investment value of listed companies, aiming to strengthen the market and attract more investors.
Federal Reserve Implements Historic 0.5% Interest Rate Cut
The Federal Reserve has made a historic decision to cut its benchmark interest rate by 0.5%, aiming to boost economic growth during challenging financial times.
Fed Slashes Rates by 50 Basis Points Amid Cooling Inflation
Breaking: The U.S. Federal Reserve has cut interest rates by 50 basis points for the first time since 2020, signaling a shift to easing amid cooling inflation and a stabilizing labor market.
China Suspends PwC Operations Over Evergrande Audit
China’s Finance Ministry suspends PwC’s operations for six months and fines its main accounting arm 116 million yuan over its work with the troubled Evergrande Group.
Global Financial Institutions Urged to Embrace Reforms to Maintain Relevance
Global financial institutions must reform to stay relevant, says Clay Lowery of the Institute of International Finance during the 2024 Bund Summit.
China-Africa Partnership Evolves with Focus on Sustainability and Innovation
FOCAC has been pivotal in strengthening China-Africa relations, focusing on trade growth, diversified partnerships, and sustainable development for a thriving global economy.
China’s Loan Prime Rate Holds Steady in August
China’s one-year and over-five-year loan prime rates remained unchanged in August, maintaining 3.35% and 3.85% respectively, signaling market stability.