China Avoids Rate Cut For 2025 Pressures | World Business Watch
Edited By WION Video Desk
Published: Dec 28, 2024, 08:36 IST | Updated: Dec 28, 2024, 08:36 IST
China kept its powder dry for next year in anticipation of a probable escalation in trade hostilities with the U.S.
Beijing refrained from a rate cut, while it drained the most cash since 2014 using a one-year policy tool.
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