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HUAIAN, CHINA - DECEMBER 06: Aerial view of Evergrande Metropolis or Evergrande Mingdu housing complex on December 6, 2021 in Huaian, Jiangsu Province of China. PUBLICATIONxINxGERxSUIxAUTxHUNxONLY Copyright: xVCGx CFP111360592090

Central bank cuts mortgage rates significantly

China cuts the five-year mortgage reference rate by 25 basis points. With this record move, the central bank hopes to boost the ailing property sector and thus the economy as a whole. However, it remains questionable whether this will work.

By Christiane Kuehl

China's energy dilemma

China cannot singlehandedly lower global energy prices, but it can tackle deflation at home. After years of maintaining a conservative macroeconomic policy stance, the time has come for a new round of fiscal and monetary expansion.

By Experts Table.Briefings

byd

BYD wants to claim the premium segment for itself

In a stock exchange statement, the world's largest manufacturer of electric vehicles announced plans to enter the market for high-end luxury models. BYD also wants to buy back more shares to support the share price.

By Carolyn Braun