Pan Gongsheng, governor of the People's Bank of China (PBOC), said Tuesday that the central bank will reduce the interest rate of seven-day reverse repos from 1.7 percent to 1.5 percent. The reduction ...
Agriculture manufacturing sales weakened in 2024 due to poor agriculture conditions and a reduction in interest rates will go a long way in bringing confidence to the secto ...
China's central bank will create new monetary policy tools to support the stable development of the stock market, the central bank governor said Tuesday.