SHANGHAI -- China's trade slump eased in August, but analysts say policy support could be the driving factor rather than a sharp turnaround in global demand or a jolt to limp consumer spending and business activity at home.
The data came as the Bank of China and several other major state lenders on Thursday announced plans to cut interest rates on existing mortgages, the latest in a series of measures that Beijing has rolled out to boost an economy beset by a sharp property downturn.
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