china's central bank

China has witnessed an improvement in credit demand and a reduction in deflationary pressures, suggesting positive signs for both its economy and financial markets. This development has boosted optimism in European stocks and US futures, as it hints at China's economic stability and expectations...

China's central bank unexpectedly reduced a key interest rate by the most since 2020 in a bid to support the economy, which is facing heightened risks due to a worsening property market and weak consumer spending. The People's Bank of China lowered the rate on its one-year loans by 15 basis...