Li Yunze, head of China’s top financial regulator, announced the measure at a press briefing, adding that authorities are also preparing new initiatives to stabilise the country’s troubled property sector.
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PBOC Governor Pan says world is full of uncertainties - cuts ratesPBOC rate cuts: 7-day RR to 1.4% (from 1.5%), LPR 10bp cut also, RRR 50 bp cutPeople's Bank of China sets 7-day reverse repo rate at 1.4% (from 1.5% previously)PBOC governor says will lower interest rates on structural policy tools by 25 bpsMore:
China will help A-share listed companies affected by tariffs to cope with difficultiesChina promises more local stock market support from sovereign fund This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about china unlocks more insurance capital for stocks signals property support was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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