China's central bank

BEIJING: China's economystumbled in May with industrial output and retail sales growth missing forecasts, adding to expectations that Beijing will need to do more to shore up a shaky post-pandemic recovery.The economic rebound seen earlier…

China's central bankcut the amount of cash lenders must hold in reserve for the second time this year, ramping up support for an economy racked by surging Covid cases and a continued property downturn. The People's Bank of China (PBOC)…