WRAPUP 1-China shares, yuan down after Fed, new PBOC lending tool
19 Dec WRAPUP 1-China shares, yuan down after Fed, new PBOC lending tool
Posted at 02:08h
in
News
by KMFSLLP
China stocks fell and the yuan
weakened in early Thursday trade after the country’s central
bank announced a new targeted lending tool, hours after the U.S.
Federal Reserve raised rates and largely maintained its outlook
for more hikes next year.
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