China’s central bank unexpectedly lowered key policy rates for the second time in three months on Tuesday, a further indication that authorities are intensifying monetary…
View More China’s economic difficulties have led to the largest interest rate cut since 2020
On Thursday, US President Joe Biden referred to China as “ticking time bomb” due to the country’s economic challenges, which include slow development, but incorrectly…
View More Joe Biden on Chinese Economy, as a time bomb due to the nation’s economic difficulties
China’s economy entered deflation in July for the first time since February 2021, when consumer prices fell. Due to a prolonged period of strict Covid-19…
View More July saw China’s first deflation since February 2021: How will it influence global economy and common people?