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China cuts lending benchmark LPR for first time since April 2020

FILE PHOTO: People wearing face masks walk past the headquarters of Chinese central bank People’s Bank of China (PBOC), April 4, 2020. REUTERS/Tingshu Wang/File Photo December 20, 2021 SHANGHAI (Reuters) -China cut its lending benchmark loan prime rate (LPR) for the first time in 20 months on Monday, matching market […]

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