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Aggregated China Business Blogs
Deflationary Pressures Prompt Another Rate Cut In China
Aggregated Source: China Money Network
The People's Bank of China's recent (PBoC) move to cut interest rate came as no surprise, following the particularly weak readings of January inflation and another expected soft reading for February. More monetary easing is still needed and could materialize during the second quarter, according to a research report by UBS AG. The PBoC cut […]


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