China stocks fall sharply at open despite PBOC’s cut to banks’ reserve ratio
07 Oct China stocks fall sharply at open despite PBOC’s cut to banks’ reserve ratio
Posted at 01:57h
in
News
by KMFSLLP
China’s stocks fell sharply at
the open on Monday despite Beijing’s weekend announcement that
it will slash the level of cash that banks must hold as
reserves, a sign of underlying investor anxiety over a heated
Sino-U.S. trade war.
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