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المشهد العربي
Chinese Central Bank to adjust monetary tools
The People's Bank of China stated in a statement that it plans to adjust its monetary policy tools and facilitate the issuance of "Panda" bonds, with the aim of ensuring liquidity flow and supporting economic growth. The focus will be on strengthening financial openness and developing mechanisms to connect the local and international economies, as well as supporting efforts to manage the risks associated with debts of government-backed financing companies and transforming them into market-driven strategies.
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