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MNI: EXCLUSIVE: PBOC To Guide Rate Down; Source......>

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MNI: EXCLUSIVE: PBOC To Guide Rate Down; Source Sees Q1 GDP -6% (Apr 15,
15:48BST)
- The People's Bank of China will guide the benchmark loan prime rate lower next
Monday, as the economy's recovery from lockdown is slowed by plunging export
demand in the second quarter, sources and advisors told MNI, with one saying GDP
may have contracted by 6% or more from Jan-March and may expand by as little as
about 1% in all 2020. (2/2)

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