China eases monetary policy, slashes key rates as Trump’s tariffs hit growth

May 6, 2025 - 20:30
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China eases monetary policy, slashes key rates as Trump’s tariffs hit growth
China's central bank has implemented significant monetary easing measures, including interest rate cuts and a reduced reserve requirement for banks, in response to economic pressures. These pressures include renewed US tariffs and domestic weaknesses such as sluggish consumption and a struggling property sector.

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