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China plans to cut interest rates to boost lending, part of reforms amid economic challenges.
China's central bank plans to cut interest rates from the current 1.5% by 2025, aiming to boost lending and investment.
This move is part of a broader economic reform to shift towards market-driven interest rates, reducing reliance on quantitative loan targets.
The reform is seen as challenging but crucial for economic resilience, especially amid trade tensions with the US and a struggling property market.
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China planea reducir los tipos de interés para impulsar los préstamos, parte de las reformas en medio de desafíos económicos.