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Despite rate cuts, aggressive Chinese monetary policy easing is not on the cards

With a property slump and pandemic-induced weak consumption dragging down the economy, the PBOC has limited room for manoeuvre. Policymakers will not want to undermine the policy goal of curbing property speculation. ....

Nanjing Road East , China Economy , Monetary Policy , Policy Easing , Hina Propoerty , China Housing , Reserve Requirement Ratio , Loan Prime Rate , Domestic Demand ,