China caught in policy dilemma as

在美联储降息即将到来之际,中国陷入政策两难困境

By Kevin Yao

作者:姚凯文

September 12, 2025

2025年9月12日

As the U.S. Federal Reserve gears up for an expected rate cut next week, China's central bank is likely to resist a near-term easing in policy as it grapples with a dilemma: how to shore up a weak economy without further fuelling a hot stock market.

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