Beijing Tiptoes Toward Cheaper Loans for Capital-Starved Companies

  • 📰 WSJ
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

China's central bank tweaks its monetary policy to make new loans cheaper but holds out on cutting benchmark interest rates

The People’s Bank of China on Tuesday set both Loan Prime Rates, which replaced benchmark lending rates as guides for bank loans and are based on real-world

bank lending prices, below benchmark rates. The long-awaited reform comes after Premier Li Keqiang earlier this year ordered the biggest China’s state-owned...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They have a lot of debt also so this helps certain areas but hurts others. If the world shuts them out doesn’t matter what they do they will suffer so I hope everyone keeps up the pressure. It’s an embarrassment really their behaviour

What could go wrong?

realDonaldTrump China doing more easing while Fed stays flat

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. Stocks, Bond Yields Rise to Start the WeekShares of companies that have reeled on escalating trade tensions jumped Monday after U.S. officials said that the White House was laying the groundwork for a new round of talks with Beijing Suckers. Trump says that while Trump Org and its cronies prepare to sell high in everything purchased last week. Then followed by threats of new tariffs... followed by word of an imminent trade deal...followed by an attack on the Fed...ad infinitum TrumpSwamp TrumpCrimeFamily
Source: WSJ - 🏆 98. / 63 Read more »