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KM Financial Solutions | China cuts banks’ reserve requirements again to spur slowing economy
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China cuts banks’ reserve requirements again to spur slowing economy

31 Dec China cuts banks’ reserve requirements again to spur slowing economy

Posted at 07:44h in News by
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China’s central bank said on
Wednesday it was cutting the amount of cash that all banks must
hold as reserves, releasing around 800 billion yuan ($114.91
billion) in liquidity to shore up the slowing economy.

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