China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
Chinese Banks Hold Lending Rates After PBOC Signals Caution

Chinese Banks Hold Lending Rates After PBOC Signals Caution

Aug 20, 2024
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China Daily Reads
China Daily Reads
Chinese Banks Hold Lending Rates After PBOC Signals Caution
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  • Lenders leave both the one-year and five-year rates unchanged

  • PBOC Governor Pan last week vowed to avoid ‘drastic’ measures

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