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PBOC reported that new loans exceeded 3 trillion yuan last month as Beijing scrambles to bolster economic activities at home amid the trade war with the US.
As a follow-up to his recent CGTN interview on the US-China trade negotiations, our Chief Strategist Jimmy Zhu discusses reasons as to why the US might now have a greater incentive to reach a trade deal with China.
Chinese consumers spent over USD150 billion over the Spring Festival, proving that China’s service sector remains robust despite slowing manufacturing activity.
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