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looking beyond borders

foreign policy and global economy

Why China Isn’t Cutting Lending Rates Like The Rest Of The World

China’s central bank must manage an economy structured in many ways quite differently from that of other major regions, such as Japan or the European Union. But the PBoC faces the same question of how effective monetary policy can be today. That has significant implications for the central bank’s signalling, which appeared to take a neutral stance on Monday.

Read Here – CNBC

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