RE: china?27 Nov 2022 23:38
Troajan
China's central bank, the PBoC, is going to cut its required reserve ratio (RRR) by 0.25 percentage points from 5 December, for all banks except those already charging a 5% RRR. This should release CNY500 billion of liquidity for banks to lend out. The last time the PBoC cut the RRR was in April.