China Expected to Cut Key Lending Benchmarks to Boost Slowing Economy

China Expected to Cut Key Lending Benchmarks to Boost Slowing Economy.

China is anticipated to reduce key lending benchmarks in an effort to bolster it’s slowing economic recovery.

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The move comes after recent data indicated struggles in the retail and factory sectors.

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The People’s Bank of China (PBOC) has already lowered short- and medium-term policy rates.

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