China announces rate cut

China announces rate cut

Pan Gongsheng, governor of the People's Bank of China, speaks at a press conference in Beijing on May 7, 2025. The Chinese central bank said it will cut a key policy interest rate the following day.

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  • ILEA004390672
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  • 2025/5/07 00:00:00
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  • Kyodo / Kyodo News Images
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  • 2025 Kyodo News
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