The People’s Bank of China said the cut to the reserve requirement ratio will take effect from next year. Photo: Bloomberg The People’s Bank of China said the cut to the reserve requirement ratio will take effect from next year. Photo: Bloomberg
The People’s Bank of China said the cut to the reserve requirement ratio will take effect from next year. Photo: Bloomberg

China’s central bank cuts reserve requirement ratio to spur lending

But the People’s Bank of China says it will maintain prudent monetary policy

Topic |   China economy
The People’s Bank of China said the cut to the reserve requirement ratio will take effect from next year. Photo: Bloomberg The People’s Bank of China said the cut to the reserve requirement ratio will take effect from next year. Photo: Bloomberg
The People’s Bank of China said the cut to the reserve requirement ratio will take effect from next year. Photo: Bloomberg
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