China's central bank cut interest rates to record lows to...

China's central bank cut interest rates to record lows to revive grappling economy

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China's central bank has lowered key interest rates to record lows, aiming to stimulate an economy challenged by weak consumer demand and a property crisis. The cuts follow a temporary easing of trade tensions with the U.S. While industrial output shows growth, retail sales and the property sector are struggling, painting a mixed economic picture for the Asian giant.

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