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18th Jul 2023 20:26China+, Daily Monitor

  • The PBoC kept the LPR rate unchanged yesterday, after last month’s coordinated lending rate cuts.
  • A top-level opinion document confirms a policy shift to support the private sector...
  • ...But no quick fix is in prospect for private firms, the property market or troubled local governments.

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Keywords for: 21 July 2023 China+ Monitor

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