Thursday, September 14, 2023

China cuts banks’ reserve requirement ratio for second time this year, ahead of August data release

Maybe the economy of China is indeed in trouble!

"Move by People’s Bank of China comes as world’s second-largest economy has been struggling to bounce back this year
Reserve requirement ratio will be cut by 0.25 percentage points on Friday ..."

China cuts banks’ reserve requirement ratio for second time this year, ahead of August data release | South China Morning Post

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