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Blinken meets Xi and Chinese bankers rein it in

Reuters World News

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What Bankers Are Telling Well-Payed Employees to Do

China's central bank is widely expected to cut key lending benchmarks. Chinese banks are telling well-paid employees to rein in their flashy lifestyles. The requests come as the country's economic recovery is faltering, widening the gap between the haves and have-nots.

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