China's central bank ealier today trimming lending rates for the second time this year, taking its key rate down ten points to 2.75 percent. That as latest economic data showed there was need for more stimulus to support the economy.
Retail sales and industrial production rose slower than expected in July, as did totals exports out of China. This has caused much concern in Beijing.
Retail sales and industrial production rose slower than expected in July, as did totals exports out of China. This has caused much concern in Beijing.
China cuts interest rates amid zero-COVID economic woes | DW Business
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