News Article

The 25-basis-point cut to over-five-year loan prime rate to 3.95 percent on 20th of Feb is good news for mortgages, and will help commercial banks to lower interest rates on first-home loans and guide more capital to private and small enterprises, industry experts said on 21st of Feb.

The China-U.S. summit meeting in San Francisco was "a highlight in the China-U.S. relationship this year, a milestone in the history of bilateral relations, and a major event in international relations", according to Beijing's top envoy in Washington.

China urged the United States on Wednesday to revoke its wrong decision of imposing visa restrictions on Chinese officials over the alleged "forcible assimilation" of Tibetan children in boarding schools, vowing to make resolute and forceful responses.

The issuance was well-received by investors in the offshore markets of many countries and regions in Europe, North America and Asia.