China’s state planner drops call for monetary easing from statement — China Underground

BEIJING (Reuters) – A research office at China’s top economic planner on Wednesday called for the central bank to cut interest rates and bank reserve requirements, but later removed the remarks in an updated statement posted on its website. The National Reform and Development Commission (NDRC) also removed a call for subsidies to help reduce…

via China’s state planner drops call for monetary easing from statement — China Underground

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