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  1. phil

    From Bloomberg, Apr 18, 2014, 5:00:49 AM

    A man walks past the People’s Bank of China (PBOC) headquarters in Beijing, China. Photographer: Tomohiro Ohsumi/Bloomberg

    The cost of locking in China’s interest rates for a year fell this week by the most since June after the government announced plans to cut reserve requirements for some rural banks.

    To read the entire article, go to http://bloom.bg/1gFb37H
    Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8



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