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Free up the Lending Rate
Author(s): 
Pages: 32-34
Year: Issue:  31
Journal: Beijing Review

Abstract: <正>Liberalizing interest rates is essential for China’s financial reform, and the central bank is headed in that direction The People’s Bank of China(PBC),the country’s central bank,removed controls on lending rates on July20,which could create more competition among banks and make loans more available for private businesses."This is an ticipated news,but it comes sooner than expected,"said Guo
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