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単語数:
135語
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0回
作成日:
2023/08/21 15:01
更新日:
2025/12/09 00:51
本文
本文
China's central bank has lowered its key interest rate in what is seen as a bid to support the economy amid clear signs of a faltering recovery. The People's Bank of China announced a 0.1 percentage-point reduction in the 1-year loan prime rate to 3.45 percent. Financial institutions use it as a benchmark for corporate loans. The PBOC also cut the rate in June. Prolonged weakness in China's real-estate market is prompting concern about the financial health of related businesses. Exports are also down sharply. Meanwhile, the consumer price index for July logged its first year-on-year decline since February 2021. That is fueling concerns about deflation. Monday's further monetary easing is seen as a way for the central bank to boost corporate lending and inject more funds into the real-estate market to bolster the economy.
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