China eases monetary policy to support an economy threatened by Trump tariffs—yet more stimulus may be needed

Quick Summary:

Beijing will cut a key interest rate and lower the amount banks must hold in reserve in order to boost lending.

The moves represent some of China's most sweeping steps to boost the economy since September.

The country's leaders are battling to reignite growth, which has not fully recovered since the COVID-19 pandemic, crippled by sluggish domestic demand and a protracted property sector crisis.

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Article Details

Author / Journalist: AFP

Category: EconomyBusiness

Markets: United StatesChina

Topics: Editor's Picks

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 04:09:21 (4 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 505 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 127 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28459145

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Official Website: fortune.com

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