Site last updated: Thursday, April 3, 2025
Welcome, GuestSign In

Log In

Reset Password
MENU
Butler County's great daily newspaper

World shares mixed Monday after Chinese report

BANGKOK — World shares were mixed on Monday after China reported that its economy expanded at an 8.1% annual pace in 2021, though growth slowed to half that level in the last quarter.

Paris, Frankfurt, Tokyo and Shanghai advanced while Hong Kong and Seoul declined.

The weakness in China’s economy toward the end of 2021 is prompting suggestions Beijing should intervene to prop up growth with interest rate cuts or by injecting money into the economy through public works spending.

Shortly before the growth data were released, the Chinese central bank announced a rate cut on medium-lending to commercial banks to the lowest level since 2020.

More in International News

Subscribe to our Daily Newsletter

* indicates required
TODAY'S PHOTOS