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Coronavirus only a blip for China’s belt and road plan, says former central bank chief

Summary:
[unable to retrieve full-text content]Global monetary easing and low interest rates could benefit the Belt and Road Initiative, China’s former central bank governor said on Monday, brushing aside concerns about the future of Beijing’s top geopolitical project as the global economy is hammered by the coronavirus outbreak.Zhou Xiaochuan, who was governor of the People’s Bank of China for more than 15 years until March 2018, said the initiative has encountered setbacks as some projects had stalled during the pandemic, while the debt…

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[unable to retrieve full-text content]
Global monetary easing and low interest rates could benefit the Belt and Road Initiative, China’s former central bank governor said on Monday, brushing aside concerns about the future of Beijing’s top geopolitical project as the global economy is hammered by the coronavirus outbreak.Zhou Xiaochuan, who was governor of the People’s Bank of China for more than 15 years until March 2018, said the initiative has encountered setbacks as some projects had stalled during the pandemic, while the debt…

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