News Snapshot:
File photo taken shows the headquarters of the People's Bank of China in Beijing, capital of China. [Photo/Xinhua] Boosting domestic demand and stabilizing the property sector will be key priorities for China's central bank for the rest of the year in order to keep the nation's economic recovery well on track, officials and experts said. The loan prime rates, China's market-based benchmark lending rates, may decline in the second half as the central bank tamps down financing costs in order to spur credit demand and alleviate financial risks facing the property sector, they said. Their remarks came after emerging signs...
