China unveils new stimulus package

by

Ed.

From smallcaps.com.au: China has announced a new stimulus package, including interest rate cuts and liquidity injections, to support its struggling economy ahead of trade talks with the U.S.

The People’s Bank of China has implemented its first Required Reserve Ratio cut of 2025, aiming to enhance consumption and technology investment.

The PBoC continues to expand its gold reserves, having added approximately 70,000 ounces in April alone.

Filed under: Economy, Export Trade & EMDG

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