The People’s Bank of China said on Sunday it would release US$100 billion into the banking system by allowing lenders to reduce their reserve requirements. Photo: Bloomberg

Can China reduce debt and maintain growth, or is it mission impossible?

Releasing funds in response to economic growth headwinds could damage country’s financial situation in long term, analyst says

Topic |   China economy

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The People’s Bank of China said on Sunday it would release US$100 billion into the banking system by allowing lenders to reduce their reserve requirements. Photo: Bloomberg
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