DiscoverWorld TodayWhy did China cut its benchmark lending rates again?
Why did China cut its benchmark lending rates again?

Why did China cut its benchmark lending rates again?

Update: 2024-10-22
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①China has cut its benchmark lending rates by 25 basis points as authorities intensify monetary support to bolster the economy. What are the details? (00:58 ) ②China issued guidelines to cultivate a first-class industrial workforce with a view to providing strong talent and skill support for high-quality development. How will industrial workers be influenced? (11:15 ) ③The White House says U.S. President Joe Biden is "deeply concerned" about the release of classified documents on Israel's preparations for a potential attack on Iran.(25:00 ) ④German Chancellor Olaf Scholz says German automakers should not be afraid of competition from China.(34:45 ) ⑤King Charles III has ended his visit to Australia as anti-monarchists protested his trip.(44:46 )

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Why did China cut its benchmark lending rates again?

Why did China cut its benchmark lending rates again?