PBOC Launches New Swap Facility to Boost China’s Capital Markets
The People’s Bank of China has launched a new swap facility to promote stable growth in capital markets, with a potential 500 billion yuan infusion if effective.
Financial Policy
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China Unveils Raft of Measures to Stabilize Property Market
China announces policies to reduce mortgage rates by October 2024, aiming to stabilize the real estate market and ease financial burdens on property owners.