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China State Council

China to Cut Bank Reserve Requirements to Spur Lending

2014/06/02 by Michael Cole Leave a Comment

In the latest sign that China’s government is moving its regulatory foot from brakes to gas, the State Council announced on Friday that bank reserve requirements would be reduced to β€œan appropriate level.”

According to a story in the Wall… Read More>>

China 2013 home prices

China Sells US$1.1T in Homes in 2013 as Dec Prices Soar

2014/01/20 by Michael Cole Leave a Comment

Propelled by housing prices that jumped as much as 20 percent in some major cities during December, China closed out 2013 with a record RMB 6.8 trillion ($1.1 trillion) in home sales for 2013.

According to data from the National… Read More>>

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