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Tag: mortgage

China signals fresh policy support to buoy property sector recovery

wangxiao08/02/20230

BEIJING, Aug. 1 (Xinhua) — China\’s property sector is expected to revive on incremental policy support as the government reiterates the sector\’s important role in driving a broader economic recovery.

China\’s benchmark lending rate lowered to bolster economic recovery

wangxiao06/21/20230

Photo taken on Oct. 19, 2020 shows an exterior view of the People\’s Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang)
BEIJING, June 20 (Xinhua) — China\’s market-based benchmark lending

China\’s loan prime rates remain unchanged

wangxiao05/22/20230

BEIJING, May 22 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.65 percent Monday, unchanged from the previous month.
The over-five-year LPR, on

China\’s loan prime rates remain unchanged

wangxiao04/20/20230

BEIJING, April 20 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.65 percent Thursday, unchanged from the previous month.
The over-five-year LPR

Housing consumption to be key economic driver

wangxiao02/13/20230

Housing consumption is expected to serve as a key economic stabilizer for local governments this year, as a number of cities and provinces are including promotion of housing consumption in their devel

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