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China’s central bank cuts key interest rate as U.S. tariffs threaten economy
theglobeandmail.com/business/international-business/article-chinas-central-bank-cuts-key-interest-rate-as-us-tariffs-threaten
China’s central bank has cut a key interest rate as U.S. tariffs threaten the economy.
People’s Bank of China Governor Pan Gongsheng announced Wednesday that the lending rate to commercial banks would be reduced by 0.25 percentage points to 1.5 per cent. The central bank also reduced the…
This story appeared on theglobeandmail.com, 2025-05-07 02:16:28.