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De-Dollarization: Even Businesses in China Are Hanging Onto Their USD

Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, according to IMF data.

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China set to bide time on rate cut until yuan, data stabilise

China set to bide time on rate cut until yuan, data stabilise
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China Set to Bide Time on Rate Cut Until Yuan, Data Stabilize

China Set to Bide Time on Rate Cut Until Yuan, Data Stabilize
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China unlikely to cut major policy rate amid inflation, yuan pressure as risk versus reward doesn t seem attractive

People’s Bank of China (PBOC) is set to leave the rate on its one-year policy loans – the medium-term lending facility (MLF) – steady at 2.5 per cent on the first working day after the Lunar New Year holiday ends.

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China, Hong Kong Broaden Investment and Financing Links

China, Hong Kong Broaden Investment and Financing Links
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