China’s central bank cuts key interest rate to boost economy

China’s central bank cuts key interest rate to boost economy

China’s central bank cut a key interest rate and pumped billions into financial markets Thursday, as fresh data showed the world’s second-largest economy was flagging. The moves are the most significant by leaders to try to invigorate growth after indicators in recent months showed a hoped-for strong recovery following years of Covid lockdown-induced slowing was

 
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Source: China’s central bank cuts key interest rate to boost economy

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