China has decided to cut key interest rates in a bid to stimulate its economy as trade tensions continue to simmer. This move comes amid concerns about slowing growth and aims to enhance liquidity for businesses and consumers.

Key points include:

• Rate cuts are designed to encourage borrowing and investment.
• Trade war with the U.S. remains a pressing issue, influencing economic strategies.
• Potential effects on global markets and investor confidence are yet to unfold.

Here's the full scoop.