Published Jun 24, 2026, 12:42 AM ET · Updated 5 months ago · 1 source

PBOC Adviser Sees Potential Rate Cut But Calls for Targeted Aid

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PBOC Adviser Sees Potential Rate Cut But Calls for Targeted Aid

China may still cut interest rates this year, though besides looser policy the economy requires more targeted support for technological innovation and improving people’s livelihoods, according to an adviser to the central bank.