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Tag: central bank’s headquarters

Chinese President Xi Jinping speaks with Russian President Vladimir Putin via a video link, from the Great Hall of the People on December 2, 2019 in Beijing, China
China’s Central Bank Increasingly Under Beijing’s Control
Pressed by senior leaders anxious about the declining economic growth, the People’s Bank of China (PBOC) announced earlier this week that it would cut the reserve requirements of banks. It would consequently allow these institutions...