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Home>China to Ease Rules to Boost Lending: Update

China to Ease Rules to Boost Lending: Update

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Thu, 25 Dec 2014

By Lingling Wei BEIJING--China's central bank is allowing banks to lend more out of their deposits as the world's second-largest economy struggles to gain momentum, according to banking officials with knowledge of the matter. At a closed-door meeting on Wednesday, officials at the People's Bank of
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