Media

PBOC releases liquidity to shore up economy

[fa icon="calendar"] Jan 6, 2020 7:30:00 PM / by Fullerton Markets

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.


Topics: Media Updates, 2020


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