SHANGHAI/HONG KONG -- China on Wednesday announced a flurry of monetary stimulus policies, including lowering its policy interest rate, as it steels itself for turbulence ahead of trade talks with the U.S.
Economy
China cuts interest rates, reserve ratio ahead of US trade talks
Central bank vows to implement policies 'progressively' to counter trade disruptions
A man walks past a Chinese flag fluttering outside an office building on Beijing's Financial Street. Regulators announced new easing policies on May 7. © Reuters
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