China to Cut Existing Mortgage Rates by End of October to Boost Property Market
China’s central bank, the People’s Bank of China (PBOC), announced on Sunday that it would instruct commercial banks to lower mortgage rates on existing home loans...
Etiket: Shanghai
Typhoon Bebinca Paralyzes Shanghai, Strongest Storm to Hit in 70 Years
Typhoon Bebinca slammed into Shanghai on Monday, bringing the bustling metropolis of 25 million to a halt. Authorities reported that it was the strongest typhoon to...