China Unexpectedly Cuts 2 Key Rates, Withdraws Cash From Banking System.

Jim Costa

Aug 15, 2022

1 min read

"China's central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash from the banking system on Monday, to try to revive credit demand to support the COVID-hit economy."

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China Unexpectedly Cuts 2 Key Rates, Withdraws Cash From Banking System.

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