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October 7, 2018
China's central bank to pump US$110 billion into economy as US trade war intensifies
By molly cruz
While the central bank said the move did not represent a change to its “prudent” monetary policy stance, analysts said it was a signal Beijing was becoming increasingly worried about the domestic economic situation amid the trade war with the United States.
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While the central bank said the move did not represent a change to its “prudent” monetary policy stance, analysts said it was a signal Beijing was becoming increasingly worried about the domestic economic situation amid the trade war with the United States.