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International Business Times
International Business Times
World

China Eases Monetary Policy To Boost Ailing Economy

China's economy has struggled to fully recover since the Covid-19 pandemic (Credit: AFP)

China on Wednesday eased key monetary policy tools in a bid to boost its ailing economy as it struggles with the effects of weak consumption and the trade war with the United States.

The country's leaders are battling to reignite growth, which has not fully recovered since the Covid-19 pandemic, crippled by sluggish domestic demand and a protracted property sector crisis.

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