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China lowers benchmark lending rates for 1st time since Oct.

China cuts key lending rates to record lows to counter the impact of US tariffs

China’s central bank has cut its key lending rates to record lows to bolster the economy and cushion the impact of escalating trade tensions with the United States. The move follows a sweeping stimulus package announced earlier this month.

Wall Street Journal · 2d

China Cuts Benchmark Lending Rates

China’s benchmark lending rates were lowered by 10 basis points, after the nation’s central bank cut its policy rate to stimulate domestic demand.

Reuters on MSN · 2d

China lowers benchmark lending rates for first time since October

China cut benchmark lending rates for the first time since October on Tuesday, after Beijing announced sweeping monetary easing measures earlier this month to support the broad economy. The one-year loan prime rate (LPR) was lowered by 10 basis points to 3.

2don MSN

China In Trouble? Slashes Interest Rates To Historic Lows

In a bold move to counter weakening consumer demand, a deepening property crisis, and prolonged trade tensions with the ...

13d

Inside China's decision to come to the table on Trump tariffs

BEIJING (Reuters) - Since U.S. President Donald Trump imposed steep tariffs on China last month, Beijing has responded in ...

PBoC, RBA cut rates

The People’s Bank of China (PBoC) and the Reserve Bank of Australia (RBA) lowered their interest rates today, hoping to tame ...

13d

China unveils plans to fight tariffs’ impact

China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump's trade war, ...

Newsday4d

Colombia seeks to join China-based development bank as Latin America drifts away from Washington

China and South Africa — the so-called BRICS nations of major developing markets — as a counter to U.S.-dominated institutions like the World Bank and Inter-American Development Bank.

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