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The RRR cut of 0.5 percentage points is implemented to provide the market with long-term liquidity of 1 trillion yuan.

Many industry insiders said that the People’s Bank of China lowered the reserve requirement ratio at this time, which shows the current monetary policy’s efforts to promote inclusive finance and its pursuit of a precise and effective tone. It also releases four signals: first, the signal of loosening monetary policy;…...

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Interest rates on some existing mortgages will be cut by 10 basis points starting from January 1

It is understood that when customers purchase a home loan, they choose the personal home loan interest rate based on the loan market quotation rate LPR plus or minus points. The level of their home loan interest rate is affected by the rise or fall of the LPR. On June…...

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Police in Anhui: The content of the video “Going to Burma and being cut at the waist” is inaccurate

Video source: Official Weibo of Anhui Provincial Public Security Department (00:29) According to the information released on August 18 on the official microblog of the Anhui Provincial Public Security Department, on August 15, netizen Xiao Mou posted a video on a short video platform about himself “being cut at the…...

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Las Vegas has implemented drastic measures to cut back on city water usage as th

  Las Vegas has implemented drastic measures to cut back on city water usage as the arid region faces a catastrophic drought. And some experts think their model could be used across the country as a method of water austerity and conservation. Take a look at the city’s “Water Cops.”…...

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