💨 Abstract
On May 19, 2025, Asian shares rallied after China cut key interest rates to combat economic slowdown exacerbated by the U.S.-China trade war. CATL, the world's largest electric battery maker, saw a 13% jump in its Hong Kong trading debut. China's central bank reduced its one-year and five-year loan prime rates to 3.00% and 3.50%,
Courtesy: wtop.com
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