China will further reduce real interest rates for small firms – c.bank

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BEIJING, July 12 (Reuters) – China’s central bank said on Friday it will deepen interest rate reforms and further reduce real interest rates for small firms.

Sun Guofeng, head of monetary policy department of the People’s Bank of China (PBOC), made the comments at a news briefing in Beijing. (Reporting by Kevin Yao; Writing by Lusha Zhang; Editing by Kim Coghill)

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