China cuts interest rate to shore up sagging economy


Source: timesunion.com timesunion.com

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This is a carousel. Use Next and Previous buttons to navigate 21 1 of 21 A delivery man transports home appliances from a delivery hub in Beijing, Monday, Aug. 15, 2022. China’s central bank trimmed a key interest rate Monday to shore up sagging economic growth at a politically sensitive time when President Xi Jinping is believed to be trying to extend his hold on power. Ng Han Guan/AP Show More Show Less 2 of 21 Residents walk near a bazaar closed due to the rain in Beijing, Sunday, Aug. 14, 2022. China’s central bank trimmed a key interest rate...