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China’s Economic Slowdown Threat Increases Calls To Cut Interest Rates As Coronavirus Outbreaks Blight Recovery
Aggregated Source: ChinaLegalBlog.com

China’s central bank is facing mounting calls to cut interest rates as fresh coronavirus outbreaks threaten to upend the recovery in the world’s second-largest economy. Economists affiliated with the government see scope for lower interest rates, arguing that Beijing’s success in curbing debt growth means the central bank can ease policy without fuelling financial risks.…

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