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China cuts interest rates and bank reserves to counter US tariffs ahead of trade talks.
China announced economic measures to counter the US trade war's impact, including cutting interest rates and reducing bank reserve requirements to boost lending and support factory upgrades and elder care.
These actions come as the US and China prepare for trade talks in Geneva this week.
The trade war has strained both economies, with the US economy contracting and China's growth slowing.
The measures aim to strengthen China's position ahead of the talks, which may address tariff reductions.
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China recorta las tasas de interés y las reservas bancarias para contrarrestar los aranceles estadounidenses antes de las negociaciones comerciales.