China cuts key interest rate as recovery falters Posted in News from the Network by Peter Hoskins, Business reporter - BBC News on August 22nd, 2023. China's post-Covid recovery has been hit with a property crisis, falling exports and weak consumer spending. Jun Bei Liu from Tribeca Investment Partners (Core and Conference Fund Manager) told BBC that the latest interest rate move is unlikely to have a major impact but does indicate the Chinese government's commitment to reviving the economy. You can read the full article here. Disclaimer: This material has been prepared by BBC News, published on 22 August 2023. HM1 is not responsible for the content of linked websites or content prepared by third party. The inclusion of these links and third-party content does not in any way imply any form of endorsement by HM1 of the products or services provided by persons or organisations who are responsible for the linked websites and third-party content. This information is for general information only and does not consider the objectives, financial situation or needs of any person. Before making an investment decision, you should read the relevant disclosure document (if appropriate) and seek professional advice to determine whether the investment and information is suitable for you.