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Published 07:06 IST, October 21st 2024

China cuts benchmark loan prime rates by 25 bps

People's Bank of China (PBOC) Governor Pan Gongsheng told a financial forum last week lending rates will decrease by 20 to 25 basis points on Oct. 21.

Reported by: Thomson Reuters
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Chinese Economy
Chinese Economy | Image: Freepik
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07:06 IST, October 21st 2024