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PBOC releases liquidity to shore up economy

Written by Fullerton Markets | Jan 5, 2020 4:00:00 PM

China's central bank had announced at the start of the year that effective January 6, the reserve requirement ratios of all Chinese commercial banks will be cut by half a percentage point, releasing 115 billion U.S. dollars to the market.

Our Chief Strategist, Jimmy Zhu, shares his insight in this CGTN article.