People Punished for Spreading Rate Cut Rumors as PBOC Acts Against Misinformation
7 days ago
In a decisive move to combat misinformation, the People's Bank of China (PBOC) announced it has taken actions against several internet users accused of disseminating false information regarding potential interest rate cuts. This response highlights the central bank's commitment to maintaining financial stability and protecting the integrity of its monetary policy.
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China's PBOC Amplifies Commitment to Boosting Innovation and Consumer Spending
3 months ago
The People's Bank of China (PBOC) has recently reinforced its commitment to nurturing innovation and enhancing consumer spending within the nation, aiming to bolster economic resilience in 2025. This strategic shift comes amid ongoing economic challenges, reflecting a proactive approach to achieving a balanced recovery.
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