China’s risky gamble in the face of economic challenges

China stands at a crossroads, its economy teetering on the brink of a high-stakes gamble. The People’s Bank of China (PBOC), in a bold yet cautious move, has held its key interest rate steady. This decision, a tightrope walk balancing yuan volatility and the remote possibility of Federal Reserve easing, signals a trepidation in Beijing’s […] source: https://www.cryptopolitan.com/chinas-risky-gamble-in-economic-challenges/