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Tag: peoples bank of china

China surprises with rate cut to prop up sluggish economic recovery
Business

China surprises with rate cut to prop up sluggish economic recovery

June 20, 2023

In a shock transfer, China’s central financial institution on Tuesday lowered a short-term lending fee for the primary time in 10 months, in search of

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In unexpected move, China reappoints central bank governor
Business

In unexpected move, China reappoints central bank governor

March 12, 2023March 12, 2023

China reappointed Yi Gang as head of the central financial institution in a shock transfer on Sunday, because the nation appointed a Cabinet targeted on

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