Today news
About the same in other media
China’s Central Bank Takes Action as Record Covid-19 Outbreak Hits Economy
Reading now: 357
SINGAPORE—China’s central bank moved to backstop growth by boosting lending to households and businesses, as the world’s second-largest economy struggles with its biggest Covid-19 outbreak since the pandemic began.
Economists said the shift in policy will likely have limited impact, as repeated lockdowns, a continuing real-estate crunch and fading demand for Chinese exports mean appetite for loans is weak.
Read more on wsj.comAbout this in other media
U.S. Not Seeking Decoupling From China, Commerce Chief Says wsj.com /1 year ago
China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread wsj.com /1 year ago
China’s Central Bank Takes Action as Record Covid-19 Outbreak Hits Economy wsj.com /1 year 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.
