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...
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
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »