The minimum 5-year mortgage rate has been reduced to 3.5 per cent for first homes from 4.1 per cent, and 3.9 per cent from 4.5 per cent for second homes. …
Chinese Vice-Premier He Lifeng called on local governments to purchase undeveloped land and unsold homes from property developers in a strong signal of Beijing’s determination to rescue the property sector …
Yan Pengcheng, who served under He in various roles at the National Development and Reform Commission (NDRC), has been appointed as a deputy head of the general office of the …
China’s 461-trillion-yuan (US$63.7 trillion) financial industry and its regulatory regime will be heavily prioritised in a broad economic reshuffle engendered by the country’s top leadership, with the sector remoulded to …
US and Chinese officials will hold talks on economic issues in Beijing this week, in the latest round of re-engagement between the world’s two largest economies. A five-person delegation from …
US Treasury Secretary Janet Yellen said on Thursday that she would talk to her Chinese counterpart Vice-Premier He Lifeng about “the use of economic tools for national security purposes” as …
US Treasury Secretary Janet Yellen will meet with Chinese Vice Premier He Lifeng in San Francisco this week to try to deepen a fledgling economic dialogue between the world’s two …
Beijing confirmed a new role for Vice-Premier He Lifeng as head of a new Communist Party organisation on financial work as China’s ruling party seeks to strengthen control over the …