China Banks Cut Key Rate by Record to Boost Ailing Economy
May 20, 2022
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2:18Now PlayingChina Banks Cut Key Rate by Record to Boost Ailing Economy
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as posted by the channelChinese banks cut a key interest rate for long-term loans by a record amount The move would reduce mortgage costs and may boost weak loan demand amid a property slump and Covid lockdowns. Enda Curran reports on "Bloomberg Daybreak: Middle East"
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