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Tag: rate

China\’s economy builds recovery momentum with strong policy stimulus

wangxiao09/21/20230

BEIJING, Sept. 20 (Xinhua) — China\’s economic indicators were stronger than expected in August, indicating that the country\’s pro-growth policies are effective and solidifying its hopes of accomplish

U.S. homebuilder sentiment turns negative for first time in five months

wangxiao09/19/20230

WASHINGTON, Sept. 18 (Xinhua) — U.S. homebuilder confidence dropped below the key break-even measure of 50 for the first time in five months amid high mortgage rates, according to the National Associ

China\’s central bank adds liquidity via reverse repos

wangxiao09/18/20230

BEIJING, Sept. 18 (Xinhua) — China\’s central bank conducted 184 billion yuan (about 25.65 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Monday.
It also conducted

China\’s listed firms embrace innovation-driven growth

wangxiao09/09/20230

BEIJING, Sept. 8 (Xinhua) — Research and development (R&D) has increasingly become both the reason for and result of the growth noted among China\’s listed companies, as they doubled down efforts on h

China\’s passenger car sales rise in August

wangxiao09/09/20230

BEIJING, Sept. 8 (Xinhua) — China\’s passenger vehicle market continued to expand in August, with retail sales and exports posting increases, industrial data showed Friday.
A total of 1.92 million pas

Commentary: G20\’s imperative to empower Global South

wangxiao09/09/20230

NEW DELHI, Sept. 8 (Xinhua) — As world leaders converge on New Delhi for the upcoming G20 summit this weekend, the global community is once again being presented with a chance to build consensus and

Green development turns SW China\’s Guizhou environment into its greatest strength

wangxiao09/07/20230

Photo shows terraced fields and folk houses in Jiabang township, Congjiang county, southwest China\’s Guizhou Province. (People\’s Daily Online/Tu Min)
Through years of dedicated efforts pursuing green

\”Summer economy\” boosts rural revitalization in deep mountains

wangxiao09/05/20230

This aerial photo taken on July 24, 2023 shows a cultural show organized by local government for visitors in Zhongyuan Township of Jing\’an County, east China\’s Jiangxi Province. (Xinhua)
NANCHANG, Sep

India sees GDP growth of 7.8 pct in Q2

wangxiao09/01/20230

NEW DELHI, Aug. 31 (Xinhua) — India\’s gross domestic product (GDP) during the April-June quarter grew by 7.8 percent, according to the data released by the country\’s Ministry of Statistics and Progra

China adjusts housing credit policies

wangxiao09/01/20230

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

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