In the News: PBOC Easing Policy; P2P Consolidation; and Property Tax Delay

Central banks is expected to increase easing measures in the financial sector; Industry regulator calls for P2P lenders to register and consolidate; and trade war with the U.S. may cause delay of China's planned property tax legislation.

4 minute readMay 20, 2019 at 06:34 AM

Marilyn Romero

In the News: PBOC Easing Policy; P2P Consolidation; and Property Tax Delay

China's central bank likely to ease finance policy further

The People's Bank of China, or PBOC, is expected to further ease policy to help maintain economic growth as trade tensions with the United States escalate. The trade disputes have already depressed new lending in April, analysts say.

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