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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessChina To Boost Demand By Promoting Equipment Upgrades
China will promote equipment upgrades in the manufacturing and social services sectors to expand demand, CCTV News reported following the State Council executive meeting chaired by Premier Li. The government will support banks to provide medium and long-term loans with an interest rate of no higher than 3.2% to manufacturers and social services SMEs to upgrade equipment in Q4. The People’s Bank of China will use a CNY200 billion special relending facility to support the policy, while the central government will offer a 2.5% interest rate discount. In Q4, the actual loan cost for upgrading equipment should be no higher than 0.7%, CCTV said.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.