The People’s Bank of China on Tuesday set both Loan Prime Rates, which replaced benchmark lending rates as guides for bank loans and are based on real-world
bank lending prices, below benchmark rates. The long-awaited reform comes after Premier Li Keqiang earlier this year ordered the biggest China’s state-owned...
They have a lot of debt also so this helps certain areas but hurts others. If the world shuts them out doesn’t matter what they do they will suffer so I hope everyone keeps up the pressure. It’s an embarrassment really their behaviour
What could go wrong?
realDonaldTrump China doing more easing while Fed stays flat
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U.S. Stocks, Bond Yields Rise to Start the WeekShares of companies that have reeled on escalating trade tensions jumped Monday after U.S. officials said that the White House was laying the groundwork for a new round of talks with Beijing Suckers. Trump says that while Trump Org and its cronies prepare to sell high in everything purchased last week. Then followed by threats of new tariffs... followed by word of an imminent trade deal...followed by an attack on the Fed...ad infinitum TrumpSwamp TrumpCrimeFamily
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