China’s central bank lowered a short-term lending rate for the first time in 10 months on Tuesday (Jun 13), in a bid to restore market confidence and prop up a stalling post-pandemic recovery in the world’s second-largest economy.
China’s central bank lowered a short-term lending rate for the first time in 10 months on Tuesday (Jun 13), in a bid to restore market confidence and prop up a stalling post-pandemic recovery in the world’s second-largest economy.