China's Central Bank Loosens Financial Conditions

Chinas central bank pledges to maintain loose financial conditions, focusing on price stability and reducing borrowing costs. They aim to boost consumption, innovation, and flexible exchange rates, while preventing financial risks and stabilizing economic growth amidst domestic and global pressures.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.