China Slashes Interest Rates and Eases Lending Rules to Revive Sluggish Economy
In a significant move to revive its faltering economy, China on Wednesday announced a series of sweeping monetary policy changes aimed at boosting consumption, lending, and investment. The announcement comes as the country continues to grapple with post-pandemic sluggishness, a deepening property sector crisis, and the weight of a protracted trade war with the United…
