China central bank cuts benchmark lending rate to boost economy
China's central bank on Tuesday cut a key benchmark lending rate used to price mortgages, as Beijing seeks to boost its flagging growth. But that, and recent announcements including central bank interest rate cuts and measures to boost lending, have had little impact so far.
China's central bank on Tuesday cut a key benchmark lending rate used to price mortgages, as Beijing seeks to boost its flagging growth. But that, and recent announcements including central bank interest rate cuts and measures to boost lending, have had little impact so far.
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