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Beijing, China – 06 March: People’s Governor of People’s Bank Pan Gongsheng, on March 14, 2025, participates in a new conference for the 14th People’s Congress (NPC).
Visual Chinese group | Getty pictures
The Central Bank of China and financial regulators reduced the basic interest rates to reduce the basic interest rates for the growth of trade concerns on Wednesday.
China will reduce the seven-day reverse rescue results to 1.4% to 1.4% to 1.4%, China’s Governor Pan Gongsheng told a press briefing. This will be reduced to the main rate of the loan, the main policy rate and 10th point.
The central bank will also lower the ratio of reserve demand, which is the reserves of gas banks, 50 key points, 1000 billion yuan ($ 138.6 billion), additional liquidity and additional liquidity in the market.
Pan, the National Financial Regulator and spoke with the officials of the Chinese Securities Regulatory Commission.
The press conference took place a few hours later Beijing approval This week, this week, Switzerland’s Treasury Secretary Scott Bessent in Switzerland will hold talks to discuss the end and trade issues, and the last sign will begin between the two parties.
US President Donald Trump, the United States has received 125% of additional additional additional additional additional to import, 145% of Chinese goods, 145% of Chinese goods would be the first approved trading talks
The planned negotiations may mark a turning point in the ongoing trade war between the two largest economies in the world.
This is the news. Please update updates.