China data to show sharp March deterioration as COVID-19 bites, but solid Q1 growth: Poll - CNA

BEIJING: China is expected to report a sharp deterioration in economic activity in March as COVID-19 outbreaks and lockdowns hit consumers and factories, although first-quarter growth may have perked up due to a strong start early in the year. Data on Mond…

Late on Friday, China's central bank said it would cut the amount of cash that banks must hold as reserves for the first time this year, releasing about 530 billion yuan (US$83.25 billion) in long-te… [+3085 chars]

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