International Economic

Chinese equities rally as Beijing moves to bolster economy

By Abigail Townsend

Date: Friday 27 Sep 2024

(Sharecast News) - Chinese equities rallied on Friday following a series of moves by Beijing intended to bolster the country's ailing economy, including a further cut to a key interest rate.
On Friday, the People's Bank of China trimmed the benchmark interest rate on seven-day reverse repurchase agreement by 20 basis...

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