BANGKOK — China's central bank kept a key lending rate unchanged on Monday, choosing not to loosen credit as data for May showed signs of persisting weakness in the world's No. 2 economy's manufacturing and real estate sectors.
“This data was certainly on the disappointing side and may ring some alarm bells, as May’s policy support package has not yet translated to a slower decline of housing prices, let alone a stabilization,” Lynn Song, chief economist for Greater China at ING Economics, said in a commentary. Chinese buyers also have returned to auto showrooms, with vehicle sales climbing 8.3% from a year earlier to nearly 11.5 million units in January-May, the China Association of Automobile Manufacturers reported last week. Auto sales rose 1.5% in May.
Retired couple with nearly $1M in savings asks Suze Orman if they should buy or rent their retirement homeStocks enter shortened trading week near record highs: What to know this weekThe Bank of Nova Scotia has announced that it will pay a dividend of CA$1.06 per share on the 29th of July...
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »