Money
China vows more rate cuts this year to prime economy for growth
Thursday, 06 Mar 2025 4:27 PM MYT
BEIJING, March 6 — China will further cut interest rates in the coming year to boost the economy, a top economic official said on Thursday.
"We will lower the reserve requirement ratio and interest rates as appropriate based on domestic and international economic and financial situations,” China’s central bank chief Pan Gongsheng told a news conference. — AFP
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