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KM Financial Solutions | UPDATE 2-China says has ample policy tools to cope with coronavirus impact
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UPDATE 2-China says has ample policy tools to cope with coronavirus impact

02 Apr UPDATE 2-China says has ample policy tools to cope with coronavirus impact

Posted at 06:07h in News by
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China has ample policy tools to
support the virus-hit economy, but it will tread warily in
cutting the benchmark deposit rate due to elevated inflation and
the potential impact on ordinary savers, Liu Guoqiang, a vice
central bank governor, said on Friday.

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