China Cuts Reserve Requirement Ratio as Economy Slows

(Bloomberg) — China’s central bank cut the amount of cash most banks must hold in reserve, providing a liquidity boost to a slowing economy facing a worsening property slump and putting China on a clearly different policy trajectory than many other central banks.Most Read from BloombergThe Hot New Trend For Hedge Funds Is—Finally—Female FoundersAutomating the War on Noise Pollution‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsThe People’s Bank of China will reduce the reserve requirement r
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