Data from China on Thursday showing falling exports fanned more fears about a slowdown in the world s second-biggest economy, which has struggled with its post-Covid recovery.
Data from China on Thursday showing falling exports fanned more fears about a slowdown in the world’s second-biggest economy, which has struggled with its post-Covid recovery.
Chinese banks kept a key interest rate that guides mortgages on hold and made a smaller-than-expected cut to another rate, surprise moves that reflect Beijing s difficult choice between strengthening confidence and safeguarding the banking system s stability.
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