While maintaining another key lending rate, China’s central bank surprised economists who had anticipated more muscular steps to boost economic development in the face of…
View More To boost its economy, China lowers key Interest Rates
Consumer prices in China fell in July for the first time in almost two years, marking the beginning of deflation in the country’s economy. Read…
View More Chinese economy is experiencing deflation as price declines for the first time since February 2021
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
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?