China has injected 700 billion yuan worth of liquidity into the banking system by reducing the reserve requirement ratio by 50 basis points. Photo: AFP
Will the US$106b freed from the reserve requirement cut flow to China’s struggling property developers?
The Chinese central bank’s move to cut the reserve requirement ratio by 50 basis points is part of a ‘targeted easing’
China has injected 700 billion yuan worth of liquidity into the banking system by reducing the reserve requirement ratio by 50 basis points. Photo: AFP
