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13th Jun 2023 15:22China+, Daily Monitor

  • The PBoC cut the seven-day repo rate by 10 basis points yesterday, paving the way for further rate cuts.
  • Both credit and money data came in well under market expectations in May.
  • China is likely to approve a broad but limited fiscal and monetary stimulus to keep growth on track.

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Keywords for: 14 June 2023 China+ Monitor

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