BEIJING (Reuters) – China should shift the focus of its stimulus from investment to consumption and further loosen urban residency curbs to boost migrant workers’ spending power, a central bank …
Topic:
pboc
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(Reuters) – The yuan’s 5% fall against the dollar in the last three weeks has raised speculation over when and how the People’s Bank of China (PBOC) might act to …
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SINGAPORE – China’s central bank on Wednesday pledged monetary policy support to ensure ample liquidity, help businesses badly hit by the latest COVID-19 outbreak in the country and support a …