China is set to lower interest rates by 45 basis points, with an initiative to inject more than 450 billion Yuan into the economy as part of a fresh stimulus plan announced today. This decision is aimed at strengthening the stock market and revitalizing economic growth.

The rate reduction is expected to boost liquidity, cut borrowing costs, and ease debt burdens, potentially leading to a robust stock market performance by the end of the year. Additionally, speculation is rising that China may soon reconsider its cryptocurrency ban, which could further energize the financial landscape.

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