International Economic

China unveils another stimulus measure to stimulate demand

By Benjamin Chiou

Date: Wednesday 25 Sep 2024

(Sharecast News) - China's central bank on Wednesday slashed it medium-term lending facility from 2.3% to 2.0%, marking the largest reduction of interest rates for one-year loans to financial institutions in history.
Just one day after unveiling a list of measures designed to stimulate demand and put the economic recovery back...

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