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πŸ‡¨πŸ‡³ PBOC repeats its easing pledge, but China's real rates say otherwise

πŸ‡¨πŸ‡³ PBOC repeats its easing pledge, but China's real rates say otherwise

China's central bank reaffirmed a "moderately loose" stance on July 8 without any new rate or reserve-requirement cut, even as producer price deflation stretches past two and a half years and June trade data show imports outgrowing exports.

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