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China Cuts Lending Rates to Boost Economy Amid Trade Tensions - EconoTimes
Source: Buzz FX / 19 May 2025 23:17:32 America/New_York
China has lowered its benchmark lending rates for the first time since October, signaling a renewed effort to stimulate its slowing economy. The People's Bank of China (PBOC) cut the one-year loan prime rate (LPR) by 10 basis points to 3.0%
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