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China's central bank cuts key interest rate as US tariffs threaten economy
People’s Bank of China Governor Pan Gongsheng announced Wednesday that the lending rate to commercial banks would be reduced by 0.25 percentage points to 1.5%. The central bank also reduced the reserve ratio — the amount of money banks must hold in their reserves.
China PBOC launches a 10-point monetary package to stabilize the country's markets in 2025, including RRR cuts, rate ...
Trump's tariffs, set as high as 145% on imports from China, have begun to take a toll on its export-dependent economy at a time when it's already under pressure from a prolonged downturn in the ...
World's 2nd biggest economy announces economic and financial measures to protect jobs, boost consumption - Anadolu Ajansı ...
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