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What will be the effects if Peoples bank of China decides to lower the short-term borrowing rate by 0.5% to (a) A corporate based in
What will be the effects if Peoples bank of China decides to lower the short-term borrowing rate by 0.5% to
(a) A corporate based in Shanghai? (b) A multinational corporation that have operations in both Beijing and Boston?
(c) A corporate that only operates in Boston and have no operation or export in China?
Please answer as much as you can
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