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China central bank pledges support for businesses hit by Covid-19

April 19, 2022 10:25 AM

BEIJING (BLOOMBERG) – China’s central bank announced a spate of measures to help an economy which has been hit by lockdowns to control the current Covid outbreak, but the focus on boosting credit likely means the chances for broad-based easing are shrinking.

Source : https://www.straitstimes.com/business/economy/china-central-bank-pledges-support-for-businesses-hit-by-covid-19

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