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China's central bank faces new mandate and party control amid economic challenges /
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2024-05-30 03:53:25

China's central bank faces new mandate and party control amid economic challenges on Nostr: Experts Challenge Narrative of China's 'Overcapacity' and Advocate for Green Economy ...

Experts Challenge Narrative of China's 'Overcapacity' and Advocate for Green Economy
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#5e10b1c6 ver:0.17

Experts challenge narrative of China's 'overcapacity' and advocate for green economy, suggesting a modern, green economy similar to the Marshall Plan. China's central bank adviser recommends lending to developing nations for clean energy transition. Former vice-minister of finance criticizes US subsidies and emphasizes multilateralism. People's Bank of China faces obstacles in improving monetary policy toolkit. China aims to become a financial superpower, prioritizing financial security and control. Proposed revision to central bank's law signals stricter Communist Party control. Politburo pledges more support for China's economy to ensure stable growth. #China #GreenEconomy #MarshallPlan #CentralBank #EconomicSupport...

#newstr #China #Overcapacity #GreenEconomy #GlobalFinance #DevelopingCountries

https://here.news/story/5e10b1c6?ver=0.17
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