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China cuts RRR to lower financing costs and boost the real economy
Chinese central bank, the People's Bank of China (PBOC) announced on December 6 a 0.5 percent cut of required reserve ratio (RRR) for banks, effective from December 15, to reduce social financing costs and better support the real economy.
December09,2021
China moves to further lower financing costs for enterprises
Chinese authorities have unveiled a guideline to further reduce financing costs for enterprises, according to an official circular released on Monday.
May26,2020
China's 10bps MLF interest rate cut gives leeway to lower financing costs, expert
Chinese central bank reducing the 1-year medium-term lending facility (MLF) rate by 10 basis points (bps) gave leeway to lowering financing costs of real economy enterprises, said Chen Li, head of research institute under Chuancai Securities.
February18,2020
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