KM Financial Solutions | UPDATE 1-China keeps lending benchmark unchanged but stimulus needed as virus hit worsens
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UPDATE 1-China keeps lending benchmark unchanged but stimulus needed as virus hit worsens

UPDATE 1-China keeps lending benchmark unchanged but stimulus needed as virus hit worsens

China kept its benchmark
lending rate unchanged on Friday, defying expectations for a
reduction to ease borrowing costs in an economy jolted by
widespread disruptions to businesses from the coronavirus
pandemic.

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