China unexpectedly cuts key rates as economic data disappoints - The Globe and Mail


8/14/2022 12:00:00 AM2 years 8 months ago
by Winni Zhou, Brenda Goh

China attempting to revive credit demand with second rate cut this year

The People's Bank of China headquarters in Beijing.JASON LEE/Reuters Chinas central bank cut key lending rates in a surprise move on Monday to revive demand as data showed the economy unexpectedly s… [+5100 chars]

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