
China Cuts Loan Prime Rate to Boost Property Sector
China reduces its loan prime rate to support the struggling property sector, aiming to stabilize the market and promote economic recovery through targeted policies.
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China reduces its loan prime rate to support the struggling property sector, aiming to stabilize the market and promote economic recovery through targeted policies.
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 Central Financial Work Conference addresses mounting real estate risks, aiming to safeguard economic stability amidst a challenging market landscape.