China cuts interest rate for 1st time in 2yrs to help bolster an econ that’s lost momentum b/c of property slump & repeated virus outbreaks. GDP rose 4% y/y in Q4, slowest since 2020. Grew 8.1% for the full year 2021 due to low base growth of 2.2% in 2020. h/t Holger Zschaepitz
Our Twitter for Quick Updates: Twitter Follow Us
