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2min chapter
Macro Markets Insights and Outlook
Bloomberg Daybreak: Asia Edition
Insights on China's Loan Prime Rates and Currency Stability
The chapter focuses on the Chinese central bank's support for their economy by maintaining stability in loan prime rates amid housing and credit market challenges. It explores the impact on the RIMING-P currency due to interest rate differentials and the dilemma of choosing between exchange rate stability and deflation for China.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode