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Economic news live today: China announces new stimulus measures including interest rate cuts and reserve cuts to jump-start economy
The People’s Bank of China has unveiled measures to revive the economy by reducing reserve requirements and slashing key interest rates, aiming to inject 1 trillion yuan into the market. These include lowering mortgage rates and standardizing down payment ratios amid the ongoing economic woes. Read the full story here 24 Sep 2024 07:30:08 IST
Today’s Economic News Live: New class struggle erupts in China
As the economy stagnates, discontent among social groups is growing. Read the full story here.
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