Refinitiv Newscasts - Asia Insight: China's economy loses steam as COVID-19 erupts, central bank cuts rates

China Cinda Asset Management

17/01/2022 08:30

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Source: Reuters

Description: China's economy rebounded in 2021, but the pace slowed further in
the fourth quarter off the back of weak consumption and a property downturn.
The central bank unexpectedly cut the borrowing costs of its medium-term loans
for the first time since April 2020.
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