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China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

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China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

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China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

E

China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

E

China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

E

China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

E

China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

E

China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

E

China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

E

China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

E

China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

E

China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

E

High-rise Buildings in Downtown Chongqing

CHONGQING, CHINA - JUNE 5, 2024 - High-rise buildings are seen in downtown Chongqing, Southwest China, June 5, 2024. It is reported that at present, more than 200 cities in China have followed up the implementation of real estate financial policies, reducing the minimum down payment ratio of the first and second sets of mortgages.

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High-rise Buildings in Downtown Chongqing

CHONGQING, CHINA - JUNE 5, 2024 - High-rise buildings are seen in downtown Chongqing, Southwest China, June 5, 2024. It is reported that at present, more than 200 cities in China have followed up the implementation of real estate financial policies, reducing the minimum down payment ratio of the first and second sets of mortgages.

E

High-rise Buildings in Downtown Chongqing

CHONGQING, CHINA - JUNE 5, 2024 - High-rise buildings are seen in downtown Chongqing, Southwest China, June 5, 2024. It is reported that at present, more than 200 cities in China have followed up the implementation of real estate financial policies, reducing the minimum down payment ratio of the first and second sets of mortgages.

E

High-rise Buildings in Downtown Chongqing

CHONGQING, CHINA - JUNE 5, 2024 - High-rise buildings are seen in downtown Chongqing, Southwest China, June 5, 2024. It is reported that at present, more than 200 cities in China have followed up the implementation of real estate financial policies, reducing the minimum down payment ratio of the first and second sets of mortgages.

E

High-rise Buildings in Downtown Chongqing

CHONGQING, CHINA - JUNE 5, 2024 - High-rise buildings are seen in downtown Chongqing, Southwest China, June 5, 2024. It is reported that at present, more than 200 cities in China have followed up the implementation of real estate financial policies, reducing the minimum down payment ratio of the first and second sets of mortgages.

E

High-rise Buildings in Downtown Chongqing

CHONGQING, CHINA - JUNE 5, 2024 - High-rise buildings are seen in downtown Chongqing, Southwest China, June 5, 2024. It is reported that at present, more than 200 cities in China have followed up the implementation of real estate financial policies, reducing the minimum down payment ratio of the first and second sets of mortgages.

E

High-rise Buildings in Downtown Chongqing

CHONGQING, CHINA - JUNE 5, 2024 - High-rise buildings are seen in downtown Chongqing, Southwest China, June 5, 2024. It is reported that at present, more than 200 cities in China have followed up the implementation of real estate financial policies, reducing the minimum down payment ratio of the first and second sets of mortgages.

E

High-rise Buildings in Downtown Chongqing

CHONGQING, CHINA - JUNE 5, 2024 - High-rise buildings are seen in downtown Chongqing, Southwest China, June 5, 2024. It is reported that at present, more than 200 cities in China have followed up the implementation of real estate financial policies, reducing the minimum down payment ratio of the first and second sets of mortgages.

E

Mortgage Rate Cut

HANGZHOU, CHINA - SEPTEMBER 25, 2023 - Photo taken on Sept 25, 2023 shows a newly built property in Hangzhou, East China's Zhejiang province. According to a notice from the People's Bank of China and the State Financial Regulatory Administration, starting Sept. 25, banks will adjust the interest rates of existing mortgages, that is, mortgages that are in the repayment period. Among them, for the stock of first mortgage interest rates, the bank will take the initiative to adjust the batch, do not require customers to do any operation.

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Mortgage Rate Cut

HANGZHOU, CHINA - SEPTEMBER 25, 2023 - Photo taken on Sept 25, 2023 shows a newly built property in Hangzhou, East China's Zhejiang province. According to a notice from the People's Bank of China and the State Financial Regulatory Administration, starting Sept. 25, banks will adjust the interest rates of existing mortgages, that is, mortgages that are in the repayment period. Among them, for the stock of first mortgage interest rates, the bank will take the initiative to adjust the batch, do not require customers to do any operation.

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Mortgage Rate Cut

HANGZHOU, CHINA - SEPTEMBER 25, 2023 - Photo taken on Sept 25, 2023 shows a newly built property in Hangzhou, East China's Zhejiang province. According to a notice from the People's Bank of China and the State Financial Regulatory Administration, starting Sept. 25, banks will adjust the interest rates of existing mortgages, that is, mortgages that are in the repayment period. Among them, for the stock of first mortgage interest rates, the bank will take the initiative to adjust the batch, do not require customers to do any operation.

E

Mortgage Rate Cut

HANGZHOU, CHINA - SEPTEMBER 25, 2023 - Photo taken on Sept 25, 2023 shows a newly built property in Hangzhou, East China's Zhejiang province. According to a notice from the People's Bank of China and the State Financial Regulatory Administration, starting Sept. 25, banks will adjust the interest rates of existing mortgages, that is, mortgages that are in the repayment period. Among them, for the stock of first mortgage interest rates, the bank will take the initiative to adjust the batch, do not require customers to do any operation.

E

Mortgage Rate Cut

HANGZHOU, CHINA - SEPTEMBER 25, 2023 - Photo taken on Sept 25, 2023 shows a newly built property in Hangzhou, East China's Zhejiang province. According to a notice from the People's Bank of China and the State Financial Regulatory Administration, starting Sept. 25, banks will adjust the interest rates of existing mortgages, that is, mortgages that are in the repayment period. Among them, for the stock of first mortgage interest rates, the bank will take the initiative to adjust the batch, do not require customers to do any operation.

E

Mortgage Rate Cut

HANGZHOU, CHINA - SEPTEMBER 25, 2023 - A citizen looks at a model of a real estate at a sales center in Hangzhou, east China's Zhejiang province, Sept. 25, 2023. According to a notice from the People's Bank of China and the State Financial Regulatory Administration, starting Sept. 25, banks will adjust the interest rates of existing mortgages, that is, mortgages that are in the repayment period. Among them, for the stock of first mortgage interest rates, the bank will take the initiative to adjust the batch, do not require customers to do any operation.

E

Mortgage Rate Cut

HANGZHOU, CHINA - SEPTEMBER 25, 2023 - Photo taken on Sept 25, 2023 shows a newly built property in Hangzhou, East China's Zhejiang province. According to a notice from the People's Bank of China and the State Financial Regulatory Administration, starting Sept. 25, banks will adjust the interest rates of existing mortgages, that is, mortgages that are in the repayment period. Among them, for the stock of first mortgage interest rates, the bank will take the initiative to adjust the batch, do not require customers to do any operation.

E

Mortgage Rate Cut

HANGZHOU, CHINA - SEPTEMBER 25, 2023 - A citizen looks at a model of a real estate at a sales center in Hangzhou, east China's Zhejiang province, Sept. 25, 2023. According to a notice from the People's Bank of China and the State Financial Regulatory Administration, starting Sept. 25, banks will adjust the interest rates of existing mortgages, that is, mortgages that are in the repayment period. Among them, for the stock of first mortgage interest rates, the bank will take the initiative to adjust the batch, do not require customers to do any operation.

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U.S. President Biden warns of dire consequences of debt default

STORY: U.S. President Biden warns of dire consequences of debt default DATELINE: May 12, 2023 LENGTH: 00:00:40 LOCATION: NEW YORK, the United States CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. SOUNDBITE (English): JOE BIDEN, U.S. President 2. various of the event STORYLINE: U.S. President Joe Biden has warned of the dire consequences of a possible default by the U.S. government on its debt obligation as early as June 1. Speaking at SUNY Westchester Community College in New York on Wednesday, Biden said the U.S. economy would fall into recession with 8 million Americans losing their jobs, and its international reputation would be damaged in the extreme in the case of a debt default. SOUNDBITE (English): JOE BIDEN, U.S. President "America defaults on our debt. Higher interest rates for credit cards, car loans, mortgages, payments for social security, medicare. Our troops, and veterans could all be halted or delayed. According, again, to Moody's, 8 million Americans would lose their jobs, including 400,000 New

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Jiri Rusnok

All seven members of the Czech National Bank's (CNB) governing board voted to keep interest rates unchanged today, on Wednesday, September 23, 2020, the central bank's governor Jiri Rusnok (photo) said at a press conference following the Bank Board's meeting. (CTK Photo/Michal Kamaryt)

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Jiri Rusnok

All seven members of the Czech National Bank's (CNB) governing board voted to keep interest rates unchanged today, on Wednesday, September 23, 2020, the central bank's governor Jiri Rusnok (photo) said at a press conference following the Bank Board's meeting. (CTK Photo/Michal Kamaryt)

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Jiri Rusnok

All seven members of the Czech National Bank's (CNB) governing board voted to keep interest rates unchanged today, on Wednesday, September 23, 2020, the central bank's governor Jiri Rusnok (photo) said at a press conference following the Bank Board's meeting. (CTK Photo/Michal Kamaryt)

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Jiri Rusnok

All seven members of the Czech National Bank's (CNB) governing board voted to keep interest rates unchanged today, on Wednesday, September 23, 2020, the central bank's governor Jiri Rusnok (photo) said at a press conference following the Bank Board's meeting. (CTK Photo/Michal Kamaryt)

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Jan Frait

Czech National Bank financial stability section head Jan Frait speaks during the press conference after discussing Financial Stability Report 2019/2020, announces the report outcome and Bank Board decision on setting counter-cyclical buffer rate and recommendation on risk management related to mortgage loans in Prague, Czech Republic, June 18, 2020. (CTK Photo/Michal Kamaryt)

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Jiri Rusnok

Czech National Bank (CNB) governor Jiri Rusnok speaks during the press conference after discussing Financial Stability Report 2019/2020, announces the report outcome and Bank Board decision on setting counter-cyclical buffer rate and recommendation on risk management related to mortgage loans in Prague, Czech Republic, June 18, 2020. (CTK Photo/Michal Kamaryt)

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Jiri Rusnok

Czech National Bank (CNB) governor Jiri Rusnok speaks during the press conference after discussing Financial Stability Report 2019/2020, announces the report outcome and Bank Board decision on setting counter-cyclical buffer rate and recommendation on risk management related to mortgage loans in Prague, Czech Republic, June 18, 2020. (CTK Photo/Michal Kamaryt)

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Jiri Rusnok

Czech National Bank (CNB) governor Jiri Rusnok speaks during the press conference after discussing Financial Stability Report 2019/2020, announces the report outcome and Bank Board decision on setting counter-cyclical buffer rate and recommendation on risk management related to mortgage loans in Prague, Czech Republic, June 18, 2020. (CTK Photo/Michal Kamaryt)

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Jiri Rusnok

Czech National Bank (CNB) governor Jiri Rusnok (left) speaks during the press conference after discussing Financial Stability Report 2019/2020, announces the report outcome and Bank Board decision on setting counter-cyclical buffer rate and recommendation on risk management related to mortgage loans in Prague, Czech Republic, June 18, 2020. (CTK Photo/Michal Kamaryt)

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Jiri Rusnok

Czech National Bank (CNB) governor Jiri Rusnok speaks during the press conference after discussing Financial Stability Report 2019/2020, announces the report outcome and Bank Board decision on setting counter-cyclical buffer rate and recommendation on risk management related to mortgage loans in Prague, Czech Republic, June 18, 2020. (CTK Photo/Michal Kamaryt)