China's Central Bank Rolls Out Aggressive Growth-Boosting Package China’s central bank has unveiled its most significant economic stimulus package since the Covid-19 pandemic, aiming to revitalize the country’s struggling economy. The measures include reducing banks’ reserve requirements, lowering key interest rates, and easing mortgage terms for homeowners. While these actions have boosted stock markets and the yuan, some analysts caution that additional fiscal support may be necessary to achieve the government’s 5% growth target for 2024. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Bank of America Increases Minimum Wage to $24, Aiming for $25 by 2025 READ MORE Gold Finds Support at 50-Day EMA, Eyes Gradual Rebound READ MORE Tech Stocks Lead $1 Trillion Wipeout Amid Global Market Meltdown READ MORE India Ranks Third in Gold Purchases as Global ETFs Recover READ MORE Asian Dollar Loans Hit 14-Year Low as Companies Seek Cheaper Alternatives READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment