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What does China’s reserve ratio cut mean for its slowing economy?

What does China’s reserve ratio cut mean for its slowing economy?

China’s leaders in tough balancing act between growing debt mountain and falling growth rate chinaworker.info China’s central bank (PBOC) announced on Wednesday 4 February a half percentage point cut in banks’ reserve requirement ratio (RRR) in a move to add liquidity to a slowing economy. The change reduces the amount of deposits […]