To Cut or Not to Cut?
Apr 28, 2022
2 minutes
By Lan Xinzhen
Copyedited by Elsbeth van Paridon
hina’s central bank, the People’s Bank of China (PBC), on April 15 announced that in order to shore up the growth of its real economy and gradually bring down financing costs, the required reserve ratio (RRR) for financial institutions will be cut by 0.25 percentage point on April 25, marking the first
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