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China's central bank plans a major loan issuance to support economic growth and stability.
China's central bank plans to issue 450 billion yuan in one-year medium-term loans on Tuesday, marking a new strategy for these loans.
This change involves using a fixed-quantity, interest-rate bidding method, which could lessen the importance of the medium-term loan rate in financial markets.
The move aims to support economic growth and maintain financial stability.
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El banco central de China planea una emisión importante de préstamos para apoyar el crecimiento económico y la estabilidad.