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China's Central Bank Expands LPR Quotation Banks
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China's central bank increases the number of banks contributing to the loan prime rate from 18 to 20, signaling potential implications for lending rates in the country.
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How could the potential lowering of interest rates impact borrowing and investment decisions in the country?
How might the expansion of banks contributing to the loan prime rate affect the competition among financial institutions in China?
What impact could this decision have on the overall economic growth and stability in China?
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