Monday, August 15, 2022

China cuts key interest rates to boost struggling economy

High unemployment rate indicates bleak job prospects for university  graduates | China Labour Bulletin 

China cuts key interest rates to boost struggling economy

China has an unemployment problem | MR OnlineSHANGHAI -- China on Monday unexpectedly cut key interest rates for the second time this year to boost its struggling economy as industrial production and retail sales weakened while youth unemployment hit a record high.

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