China will cut interest rates from Friday, the central bank said, for the first time since 2008 amid growing concerns over a growth slowdown in the world's second largest economy. The People's Bank of China will cut the benchmark one-year lending rate by 0.25 percentage points while the one-year deposit rate will fall by the same amount, according to a statement on its website.
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World Bank Regional Vice President First Visit to West Bank and GazaMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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