People’s Bank of China

China Reveals $1.4 Trillion Plan to Bail Out Local Governments

The massive support package came after a series of smaller measures in recent weeks were announced to jump-start growth in China’s sluggish economy.

By Meaghan Tobin and John Liu

Banking and Financial Institutions China Economic Conditions and Trends People's Bank of China Shenzhen Stock Exchange Stocks and Bonds

China Stocks Surge After Government Measures to Boost Economy

The government has fired up investors by encouraging banks to lend more to buyers of stock and real estate, but economists say more stimulus is needed.

By Keith Bradsher Chris Buckley and Meaghan Tobin

Banking 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.

By Keith Bradsher

China Economic Conditions and Trends Interest Rates People's Bank of China Renminbi (Currency) Stocks and Bonds

China Unexpectedly Cuts Interest Rate as World Markets Sag

The central bank lowered a key rate in its latest effort to steady China’s economy, as Asian stock markets followed Wall Street down.

By Keith Bradsher

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