The People’s Bank of China (PBOC), China’s central bank, has added liquidity through six cuts to the reserve-requirement ratio since the start of 2018, but has not shifted the more powerful one-year lending rate since 2015. Photo: Bloomberg
The People’s Bank of China (PBOC), China’s central bank, has added liquidity through six cuts to the reserve-requirement ratio since the start of 2018, but has not shifted the more powerful one-year lending rate since 2015. Photo: Bloomberg

China may cut benchmark interest rate before Lunar New Year as ‘existing measures are not sufficient’

  • The People’s Bank of China, China’s central bank, has not shifted the more powerful one-year lending rate since 2015
  • Barclays Plc economists, led by Jian Chang, say ‘existing measures are not sufficient’

The People’s Bank of China (PBOC), China’s central bank, has added liquidity through six cuts to the reserve-requirement ratio since the start of 2018, but has not shifted the more powerful one-year lending rate since 2015. Photo: Bloomberg
The People’s Bank of China (PBOC), China’s central bank, has added liquidity through six cuts to the reserve-requirement ratio since the start of 2018, but has not shifted the more powerful one-year lending rate since 2015. Photo: Bloomberg
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