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trade talksCNBC
•Business
Business & Economics
81% Informative
China will cut the seven-day reverse repurchase rates by 10 basis points to 1.4% from 1.5% , the People's Bank of China Governor Pan Gongsheng said at a press briefing.
The central bank will also lower the reserve requirement ratio by 50 basis points, unleashing additional liquidity of 1000 billion yuan ( $ 138.6 billion ) to the market.
VR Score
88
Informative language
92
Neutral language
27
Article tone
formal
Language
English
Language complexity
51
Offensive language
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Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
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Time-value
short-lived
External references
1
Source diversity
1
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