China set to cut benchmark rate after first GDP contraction on record – analysts
China is widely expected to
cut its benchmark lending rate on Monday to provide further
support for the coronavirus-hit economy, which shrank for the
first time on record in the first quarter, a Reuters survey of
traders and analysts found.
cut its benchmark lending rate on Monday to provide further
support for the coronavirus-hit economy, which shrank for the
first time on record in the first quarter, a Reuters survey of
traders and analysts found.
Posted by Reuters
