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  • Reduction in key rate policies

Tag: Reduction in key rate policies

Business
  • Web Desk Karachi
  • Feb 26, 2025
China to infuse $55 billion into major banks as part of economic recovery plan

Officials are planning to inject a minimum of 400 billion yuan (approximately $55 billion) in new capital into this latest group of banks, which includes the Agricultural Bank of China Limited and the Bank of Communications Co.

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