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In Depth: China Grapples With How to Let the Market Steer Interest Rates

2019年04月18日 18:33 来源于 财新网
Policymakers have lots of options for achieving their goal of unifying the country’s two-track system for setting borrowing costs, deposit rates
Photo:IC

As policymakers seek to lower borrowing costs for small or private companies as part of efforts to pump a little more gas into a slowing economy, they have shown renewed interest in confronting a knotty problem: how to create a system to let market-based interest rates effectively steer borrowing costs throughout the financial system.

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