Open this photo in gallery: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, in Beijing, on Sept. 30, 2022.TINGSHU WANG/Reuters
China cut its one-year benchmark lending rate on Monday as authorities seek to ramp up efforts to stimulate credit demand, but surprised markets by keeping the five-year rate unchanged amid broader concerns about a rapidly weakening currency.…
This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.