Today news
About the same in other media
China’s Central Bank Takes Small Steps to Support Economy
Reading now: 404
wsj.comSINGAPORE—China’s central bank relaxed a key constraint on bank lending while keeping benchmark interest rates unchanged, steps that economists said will do little to spur growth in an economy struggling with its worst Covid-19 outbreak since the pandemic began.
The limited effort implies large-scale monetary stimulus of the kind seen in 2020 at the start of the pandemic and after the 2008-09 financial crisis might not be repeated this year, economists said, putting the onus on the government to prop up faltering growth with big increases in spending.
Read more on wsj.comAbout this in other media
Fast, precise, too tough? Lockdowns risk stalling China’s economy theguardian.com /2 years ago
Ex-Chinese Central Bank Chief Says Digital Yuan Not Intended for International Trade cryptonews.com /2 years ago
Ultra-fast fashion is taking over – and using every trick in the book to get us addicted theguardian.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
