PBOC Said to Lower Cost of Loans to Smaller and Rural Firms
A pedestrian takes a photograph in front the People’s Bank of China headquarters in Beijing, China. (Photographer: Qilai Shen/Bloomberg)

PBOC Said to Lower Cost of Loans to Smaller and Rural Firms

(Bloomberg) -- China’s central bank is set to cut the interest rates of some of its lending programs from Wednesday to lower the borrowing costs of small businesses, according to people familiar wi...
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