BEIJING — China said Friday it is ending controls on bank lending rates in a move toward creating a market-oriented financial system to support economic growth. Connect With Us on Twitter Follow @nytimesworld for international breaking news and headlines. Twitter List: Reporters and Editors Reform advocates see an overhaul of China’s interest rate policy as one of the most important changes required to keep its growth strong. Banks currently lend mostly to state industry rather than the entrepreneurs who create China’s new jobs and wealth. Allowing banks to negotiate their own…
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