The Chinese Central reduces interest rates to record levels

The Chinese Central Bank, today, Tuesday, to record levels of two main interest rates, in the latest attempt by Beijing to enhance growth in light of commercial tensions with Washington and the decline in the Chinese real estate sector.

& nbsp; In a statement & ndash; The interest rate on lending for a year, which is the standard for the most interest rates that banks can provide to companies and families, has been reduced from 3.1 % to 3 %. %.

& nbsp; On 5 -year loans as a standard of interest rates on the mortgage.

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