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ChinaChina People and Markets

The week in review: May trade data misses forecast, banks to beef up rural lending, China Everbright, Citic apply for financial holdco licences

Beijing_Great Wall_China_575px_Adobe_29May20

In this round-up, China’s exports and imports grow at slower-than-expected rates in May, financial institutions will be evaluated on their performance in supporting the economic development of rural China, and two Chinese financial conglomerates plan to set up financial holding companies.

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