Chinese banks trimmed benchmark interest rates on loans. But economists say more drastic measures may be needed as debt and uncertainty weigh on consumers’ willingness to spend.
Economists say that more drastic measures may be needed, with debt and uncertainty continuing to weigh on consumers’ willingness to spendA range of geopolitical factors are pushing tech giants to relocate their operations from China. Here’s a closer look at the strategy behind Samsung’s and Apple’s manufacturing moves outside of China. Photo illustration: Amber Bragdon
SINGAPORE—Chinese banks trimmed benchmark interest rates on loans to households and businesses, a telegraphed move that follows earlier rate cuts aimed at
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