
BEIJING -- China's central bank said Friday it will spur lenders to provide desperately needed cash to small businesses battered by the coronavirus outbreak in a move that will unleash 550 billion yuan ($78.5 billion).
Central bank will lower required reserves for lenders that meet targets
BEIJING -- China's central bank said Friday it will spur lenders to provide desperately needed cash to small businesses battered by the coronavirus outbreak in a move that will unleash 550 billion yuan ($78.5 billion).
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