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Beijing seen trying new ways to cut borrowing costs

Wednesday, June 17, 2015 - 05:50

There are signs the People's Bank of China is trying to manage the yield curve.


CHINA is looking for new ways to lower stubbornly high long-term borrowing costs and stop the fruits of its looser monetary policy being pumped into speculative plays instead of supporting its slowing economy, policy insiders say.

Beijing has attempted to cushion the

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