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@ChinaBeigeBook

China's home price growth hits near two-year low as coronavirus spreads https://reut.rs/39EjYIP

Even by the ludicrous standards of Chinese equity markets, this is quite something. Stocks have basically erased their entire coronavirus-related decline.

China's #centralbank lowered a one-year #MLF interest rate by 10 bp on Mon, a move intending to help businesses cushion the blow from #coronavirus by reducing their financing costs, economist reads. http://bit.ly/38L0mm8

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