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13 Jul 2020
PBOC to focus more on moderateness in its monetary policy – China Press
China’s Financial News said in a commentary on Monday, the People’s Bank of China’s (PBOC) monetary policy will focus more on "moderateness", while structural policies will be the optimal choice to support small firms and stabilize employment.
Additional headlines
“Overall easing cannot, of itself, support companies and save jobs.”
“The PBOC will continue to push for lower actual interest rates on loans and company financing costs in H2.”
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