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The PBOC should improve the Loan........>

CHINA PRESS
CHINA PRESS: The PBOC should improve the Loan Prime Rate (LPR) pricing mechanism
by strengthening the quality checking of LPR quotations by commercial banks,
according to the PBOC-run newspaper Financial News. Citing Zhang Ming, a senior
fellow at the Institute of World Economic and Politics under the Chinese Academy
of Social Sciences, the report said that in order to drive down lending rates,
the PBOC should also break the implicit lower limit of interest rates set by
banks. 

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