China to cut reserve requirement ratio: central bank governor
The People's Bank of China, the country's central bank, announced on Tuesday that it will soon reduce the bank reserve requirement ratio by 0.5 percentage points, injecting around 1 trillion yuan ($141.81 billion) in long-term liquidity into the financial markets.
China bond yields fell to a record low after the People’s Bank of China announced that it will cut the reserve requirement ...
China's central bank will cut banks' reserve requirement ratio by 50 basis points and further reduce key interest rates to ...
The raft of new measures aims to jumpstart the economy amid a yearslong property downturn, muted consumer demand, and high youth unemployment.
China's central bank introduced monetary stimulus and property market support in response to deflationary pressures and ...
Chinese stocks rose broadly and bonds rallied following the announcement, with the CSI300 blue-chip index and Shanghai ...
China's economic stimulus boosts markets with $140B injected into economy: JD, TCOM, BABA stocks have 37%-42% upside ...
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