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China interest rates News

China`s central bank

20 Jun 2016

China's central bank pumps money into market

China`s central bank on Monday pumped more money into the market to provide liquidity.

China's central bank

23 Oct 2015

China cuts rates again as growth engine stalls

China's central bank cut interest rates on Friday for the sixth time in less than a year, and it again lowered the amount of cash that banks must hold as reserves in a bid to jump start growth in its stuttering economy.

10 May 2015

China cuts interest rates for 3rd time in six months to revive economy

China cut interest rates for the third time in six months on Sunday in a bid to lower companies` borrowing costs and stoke a sputtering economy that is headed for its worst year in a quarter of a century.

31 Mar 2015

China to launch deposit insurance from May 1: Govt

China will launch deposit insurance to help protect bank customers from May 1, the government said Tuesday, in a move seen as key to eventually freeing interest rates.

China central bank

21 Nov 2014

China cuts interest rates to spur growth, ease debt pressure

China cut interest rates unexpectedly on Friday, stepping up efforts to support the world`s second-biggest economy as it heads towards its slowest expansion in nearly a quarter of a century, saddled under a mountain of debt.

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