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China to pump $54bn into state banks and insurers to boost economy - BBC

It comes as Beijing is aiming to reshape its economy in the face of a number of challenges.

The Chairman's DailyMonday, September 7, 20262 min read
China to pump $54bn into state banks and insurers to boost economy - BBC

In March, Beijing cut the growth target to a range of 4.5%-5%, its lowest economic expansion goal since 1991, a move some analysts say has given Beijing space to acknowledge pre-existing economic wea… [+5 chars]

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