China cuts key interest rate amid economic slowdown

China’s central bank has cut one of its key lending rates but left another unchanged, surprising economists who had expected more forceful action to support economic growth amid widespread concerns over its path. The world’s second-largest economy is in the midst of a slowdown, and has slipped…#postcovid #evergrandegroup #peoplesbankofchina #julianevanspritchard #zichunhuang #capitaleconomics #countrygarden #georgemagnus #oxforduniversitys #chinacentre
Source: Reuters: Health - Category: Consumer Health News Source Type: news