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Chinese banks cut borrowing costs for first time in 20 months

December 20, 2021 10:51 AM

BEIJING (BLOOMBERG) – Chinese banks lowered borrowing costs for the first time in 20 months, providing support to an economy showing strain from a property slump and sporadic virus outbreaks.

Source : https://www.straitstimes.com/business/banking/chinese-banks-cut-borrowing-costs-for-first-time-in-20-months

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