BEIJING, April 22 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Monday, unchanged from the previous month.
The over-five-year LPR,
Tag: mortgage
Commentary: New model for real estate conducive to China\’s economy
BEIJING, March 13 (Xinhua) — To listen to the naysayers is to believe that China\’s real estate market is a weak link that is dragging down its economy. This view is nothing short of myopia and ignore
China to improve policies for healthy development of property market: minister
BEIJING, March 9 (Xinhua) — China will continue to improve policies to safeguard the steady and healthy development of its property market, Minister of Housing and Urban-Rural Development Ni Hong sai
Chinese banks provide nearly 10 trillion yuan in loans for property sector in 2023
BEIJING, Jan. 25 (Xinhua) — China\’s banking sector provided nearly 10 trillion yuan (1.41 trillion U.S. dollars) in loans to the property sector in 2023, government data showed Thursday.
In breakdown
China\’s loan prime rates remain unchanged
BEIJING, Dec. 20 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Wednesday, unchanged from the previous month.
The over-five-year LPR
U.S. California sees lowest home sales in 16 years
SACRAMENTO, the United States, Dec. 19 (Xinhua) — The home sales of California, one of the most expensive markets in the United States, plunged to the lowest level in 16 years, a new report revealed
Nearly 100 Chinese cities lower mortgage rate floor for first homes
This aerial photo taken on June 7, 2023 shows a view of downtown Changsha, central China\’s Hunan Province. (Xinhua/Chen Sihan)
BEIJING, Nov. 28 (Xinhua) — The People\’s Bank of China (PBOC), China\’s c
Interview: China\’s property sector heading for high-quality development: minister
BEIJING, Nov. 11 (Xinhua) — China will firmly implement policy pledges of the property market to meet the housing demands of the people and promote high-quality development of the sector, said Ni Hon
China\’s loan prime rates remain unchanged
BEIJING, Sept. 20 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Wednesday, unchanged from the previous month.
The over-five-year LP
China adjusts housing credit policies
BEIJING, Aug. 31 (Xinhua) — China\’s financial watchdogs announced Thursday that housing credit policies will be adjusted and optimized.
The interest rates of existing mortgages for first-home purchas