China Unveils Economic Revival Measures

This is a news story, published by BBC, that relates primarily to Pan Gongsheng news.

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US Federal Reserve

BBC

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China unveils raft of stimulus measures to boost flagging economy

Summary

Nutrition label

77% Informative

People's Bank of China (PBOC) Governor Pan Gongsheng announced plans to lower borrowing costs and allow banks to increase lending.

The move comes after a series of disappointing data has increased expectations that the world's second largest economy will miss its own 5% growth target this year .

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful