China's Latest Interest Rate Cut Aims to Revive Sluggish Economy.
TL;DR Summary
China has cut its borrowing rates for the second time in two months in an effort to boost its economy, which has been hit hard by the coronavirus pandemic. The move is part of a larger stimulus package aimed at spurring growth and comes as the country's manufacturing sector shows signs of improvement.
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- China Cuts Interest Rates in Effort to Boost Flagging Economic Growth Voice of America - VOA News
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