China Cuts Key Lending Rates Amid Economic Stimulus Efforts
China cut its key lending rates by 10 basis points on Tuesday, signaling an effort to boost its economy amid a stronger yuan and easing trade tensions. The People’s Bank of China
China’s Factory Activity Faces Pressure Amid Trade Tensions
China’s factory activity likely contracted for a second consecutive month in May, signaling ongoing struggles amidst trade tensions with major export markets, according to a Reuters poll released on Friday. The factory
China Expands Consumer Subsidies to Boost Spending
China has doubled its consumer trade-in subsidies to 300 billion yuan ($41.47 billion) in 2025, targeting specific goods while avoiding direct cash handouts. The program, which covers mid-range smartphones and home appliances,
