China eases monetary policy, slashes key rates as Trump’s tariffs hit growth
China's central bank has implemented significant monetary easing measures, including interest rate cuts and a reduced reserve requirement for banks, in response to economic pressures. These pressures include renewed US tariffs and domestic weaknesses such as sluggish consumption and a struggling property sector.
China's central bank has implemented significant monetary easing measures, including interest rate cuts and a reduced reserve requirement for banks, in response to economic pressures. These pressures include renewed US tariffs and domestic weaknesses such as sluggish consumption and a struggling property sector. What's Your Reaction?
