China unveils biggest stimulus since the pandemic — is it enough? | DW Business

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China unveils biggest stimulus since the pandemic -- is it enough? | DW Business

The Chinese central bank is pushing stimulus aimed at reviving the country’s stalling economy. The list of measures includes lowering borrowing costs and allowing banks to increase lending. This surprise news came as the Chinese economy has increasingly looked like it will miss its own 5% growth target for this year.

#china #business
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Date: September 24, 2024