China cuts another key interest rate to boost economy
- Posted on September 25, 2024
- By Business News Today
- 2 Views
China cuts another key interest rate to boost economy
China's central bank on Wednesday said it would slash another key interest rate, a day after it unveiled a raft of new measures aimed at boosting its ailing economy. On Tuesday, central bank chief Pan Gongsheng told a news conference in Beijing that the bank would introduce a series of measures to boost growth and pledged to "promote the expansion of consumption and investment".