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20th Jun 2023 20:02China+, Daily Monitor

  • The PBoC cut both LPR rates by 10 basis points yesterday, as par t of an emerging stimulus package.
  • The NDRC stepped up new fixed asset investment project approvals in May.
  • Government departments are likely preparing more fiscal and quasi-fiscal policy measures.

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Keywords for: 21 June 2023 China+ Monitor China's Mid-Year Support Package is Taking Shape with LPR Cuts

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