BEIJING, China (AFP) — China’s central bank on Monday cut benchmark loan rates in an attempt to boost an economy battered by the government’s strict zero-Covid policy and a slump in the property market. The world’s second-biggest economy saw an improvement after some coronavirus restrictions eased in June, but consumer and business sentiment remains weaker than usual. The one-year Loan Prime Rate, which serves as a benchmark for corporate loans, was reduced from 3.7 percent […]