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PBOC’s Wang: Slower Fed hikes in 1H 2023 will give China more policy room

Wang Yiming, an adviser to the monetary policy committee of the People's Bank of China (PBOC), said on Wednesday, “slower Fed hikes in 1H 2023 will give China more policy room.”

Additional comments

The Chinese economy's main problem is a lack of financing.

China has limited room to cut interest rates.

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