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China Trims Key Lending Rates to Support Economy

2019年11月20日 20:43 来源于 财新网
Five-year national LPR edges down to 4.8% in first cut since August’s benchmark interest-rate overhaul
The headquarters of the People's Bank of China in Beijing on Nov. 19. Photo: IC Photo

China’s central bank announced lower interest rates for new benchmarks used by lenders to price their loans on Wednesday, marking the third time this month that borrowing costs have come down as policymakers take cautious steps to shore up flagging economic growth.

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