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Social financing and new RMB loans......>

CHINA PRESS
CHINA PRESS: Social financing and new RMB loans are expected to grow
substantially year on year in China if the Loan Prime Rate (LPR) is reduced in
February, China Securities Journal reports. Citing Wang Qing, chief
macroeconomic analyst with Golden Credit Ratings, the Journal's report says a
lower LPR will reduce rates on loans, boost corporate borrowing demand and
mitigate the impact of the Coronavirus epidemic in the short term. 

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