
CHINA'S NEWS
Today's briefs
BANKING & FINANCE
1. China’s central bank launches $79 billion stimulus for virus-hit companies
China’s central bank has launched a $79 billion stimulus effort to help the country’s coronavirus-stricken companies on the same day other Asia-Pacific central banks looked to shore up crisis-hit markets and economies, reported the Financial Times.
The People’s Bank of China late on Friday cut reserve requirements for banks, a move that will free up an...
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