(CTN News) – China’s central bank has proactively addressed the economic slowdown post-COVID-19 by reducing a crucial interest rate. This move aims to stimulate the economy, support commercial lending, and counter the growth deceleration in the world’s second-largest economy. The People’s Bank of China (PBOC) announced a reduction in the one-year loan prime rate, which … Continue reading China’s Central Bank Implements Key Interest Rate Cut to Boost Economic Growth