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The PBoC to grant more aid for the real estate market
The People’s Bank of China has specified that cities where house prices record declines on a monthly and annual basis for three consecutive months may lower or remove the minimum threshold of mortgage rates for first-time homebuyers
January05,2023
Central bank continues to inject liquidity into market
China's central bank pumped 990 billion yuan (145.6 billion U.S. dollars) into the inter-bank market this week to ease liquidity.
November21,2016
China's central bank highlights curbing asset bubbles
China's central bank on Tuesday stressed efforts to curb asset bubbles as it recognized the increasingly challenging task to seek a balance between stabilizing growth and preventing froth.
November09,2016
Bank of China designated as RMB clearing bank in U.S.
The People's Bank of China announced Tuesday that Bank of China is designated as the RMB clearing bank in the United States.
September21,2016
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