Fears of a full-blown trade war with the US have magnified concerns about the outlook for China’s economy, following weaker-than-expected growth figures for May. Photo: Reuters
China’s small firms to get new credit line as central bank set to cut lenders’ reserve ratios
Targeted cuts will be used ‘to enhance ability to provide credit for small and micro firms’, state radio quotes government as saying
Topic |
China economy
Fears of a full-blown trade war with the US have magnified concerns about the outlook for China’s economy, following weaker-than-expected growth figures for May. Photo: Reuters