Business
2022.08.24 20:46 GMT+8

BizBeat Ep. 465: China lowers benchmark rate to firm-up real economy

Updated 2022.08.24 20:46 GMT+8
CGTN

China's central bank trimmed key interest rates on Monday, including a key mortgage-linked benchmark. The move signals that Chinese policymakers are firmly consolidating the recovery momentum and boosting support for the real economy. In this episode of BizBeat, CGTN's Michael Wang explains the driving force and growth potential of the Chinese economy in the long run.

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