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  • China to cut RRR by 50 basis points
    The People's Bank of China (PBOC), China's central bank, on Wednesday decided to cut the reserve requirement ratio (RRR) for financial institutions by 50 basis points from Jan. 6 to spur the real economy.

Telecom operators try out latest 5G applications in South Korea
South Korea is the world's first country to fully commercialize a 5G network. Many telecom operators from around the world have come to South Korea to try out the latest 5G applications.

China set to tackle tough tasks in 2020 rural development
?China is poised to tackle tough tasks in rural development in the coming year as it forges ahead with its anti-poverty campaign and goal of building a moderately prosperous society in all respects.
Reforms, opening-up to bolster capital market
Continuous capital market reforms and further opening of the financial industry to foreign capital will lend solid support to China's A-share market this year and market analysts remain cautiously optimistic about Chinese stock market prospects this year.
China sees no industrial chain exodus: NDRC
China sees no industrial or supply chain exodus and such claims are overblown, China's top economic planner said.
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Currencies
RMB Exchange Rates Dec. 27, 2019
Issued by State Administration of Foreign Exchanges


Currency (Unit:100)RMB


US dollar

698.79



Euro

775.58



Japanese yen

6.3785



HK dollar

89.714



British pound

908.28




Dec. 26Dec. 25Dec. 24Dec. 23Dec. 17
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