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China Cuts Interest Rates and Mortgage Down Payments
Posted inBanking and Financial Institutions China Interest Rates Mortgages Pan Gongsheng People's Bank of China Real Estate and Housing (Residential)

China Cuts Interest Rates and Mortgage Down Payments

The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in a stagnant economy.
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Posted by By Keith Bradsher
Pan Gongsheng Named Head of Chinese Central Bank
Posted inBanking and Financial Institutions China Currency Foreign Investments Pan Gongsheng People's Bank of China Politics and Government Renminbi (Currency)

Pan Gongsheng Named Head of Chinese Central Bank

Pan Gongsheng, who was named governor of the People’s Bank of China after overseeing $3 trillion in reserves, stopped a currency plunge in 2016.
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Posted by By Keith Bradsher

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