China • People's Bank of China

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China's central bank is blocking a policy of significant interest rates

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preventing further policy encryption by the US,

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which could increase pressure on the yuan.

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The People's Bank of China raised its one-year medium-term credit facilities to 2.85%

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on Wednesday. Sixteen of Bloomberg's 22

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respondents predicted no change, while the rest saw a reduction of five or 10 basis points.

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