PBOC releases liquidity to shore up economy

Posted by Fullerton Markets on Jan 6, 2020 7:30:00 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.