Pressures facing China, including from capital outflows, could be allayed by start of US Federal Reserve's rate-cutting cycle, but real stabilisation will take much more To arrest weakening economic ...
Such weakness has prompted a raft of investment banks to downgrade their full-year projections for China’s GDP growth. The Fed's larger-than-expected cut means the PBOC can now focus on helping ...
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve (Fed) delivered an ...