China’s central bank is resisting the global habit of cutting rates as insurance against economic risks, a cautious stance that may leave the economy vulnerable if current weaknesses worsen. https://www.japantimes.co.jp/commentary/2025/11/26/world/dont-fight-fed-look-to-china/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #china #interestrates #chineseeconomy #pboc #pangongsheng #fed