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PBOC Unveils Trillion-Yuan Support Measures as Beijing Steps Up Growth Push

China’s central bank cut targeted lending rates, expanded financing quotas and pledged flexible liquidity support as policymakers move to stabilise growth. The People’s Bank of China announced a broad package of monetary support measures, including rate reductions, expanded lending facilities and fresh liquidity tools, as authorities intensify efforts to support economic growth and structural transformation. Deputy Governor Zou Lan said at a State Council Information Office b

Central Banks

Jan 192 min read

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