The Petersburg Post

Monday, Jan 17th, 2022 - China has unexpectedly cut a key interest rate for the first time in almost two years as official figures showed its economic growth had slowed. Gross domestic product (GDP) grew by 4% for the last three months of 2021 from a year earlier, the National Bureau of Statistics said. That was better than most economists had predicted but was a lot slower than the previous quarter. In another sign of weakness retail ...