US EditionChina is cutting interest rates to boost its economy as tariffs take a toll
- On May 7, 2025, China's central bank announced a 50 basis point reserve requirement ratio cut starting May 15 to support the economy amid high U.S. Tariffs.
- The interest rate cut is a response to the severe tariffs imposed by the U.S., which reached as high as 145% on some Chinese goods, disrupting trade and prompting Beijing to take measures to boost its economy and address ongoing trade tensions.
- The People's Bank of China plans to inject approximately 1 trillion yuan in liquidity and introduce a 500 billion yuan credit program to support consumption and elderly care services.
- Pan Gongsheng said the RRR cut will "free up about 1 trillion yuan" and officials reduced the seven-day reverse repo rate to 1.4% to bolster lending.
- These measures aim to avoid recession and boost spending but experts note limited stimulus capacity as China prepares for U.S.-China trade talks in Switzerland.
12 Articles
12 Articles
CoinStats - Easy Money: China Slashes Rates, Injects $138...
China’s central bank slashed key interest rates and injected $138.5 billion into its financial system to bolster an economy battered by U.S. trade tensions and domestic challenges. PBOC Unveils Sweeping Rate Cuts Reuters reported that the People’s Bank of China (PBOC) cut its seven-day reverse repurchase rate by 10 basis points to 1.4%, effective May […]
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Cryptocurrency News | Cryptocurrency Prices | Market CapEasy Money: China Slashes Rates, Injects $138.5B to Shield Economy From Trade War Impact – Economics Bitcoin News
China’s central bank slashed key interest rates and injected $138.5 billion into its financial system to bolster an economy battered by U.S. trade tensions and domestic challenges. PBOC Unveils Sweeping Rate Cuts Reuters reported that the People’s Bank of China (PBOC) cut its seven-day reverse repurchase rate by 10 basis points to 1.4%, effective May […]
PBOC Cuts Rates & Consumption Stimulus Raised - China Last Night
Consumption Stimulus The State Council Information Office held a 9 am press conference featuring the PBOC’s Pan Gongsheng, the Financial Supervision Bureau (FSB) Director Li Yunze, and CSRC Chairman Wu Qing. Q1 Chinese economic data was “relatively good” though the “global economy is full of uncertainties, economic fragmentation, and increased trade tensions, disrupting the world’s industrial supply chain”. Due to the effect of “weakening global…
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