
China Injects $138.9 Billion into Economy by Cutting Bank Reserves
China’s central bank is cutting the reserve requirement ratio by 0.5%, releasing about 1 trillion yuan ($138.9 billion) to boost the economy, announced Governor Pan Gongsheng.
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China’s central bank is cutting the reserve requirement ratio by 0.5%, releasing about 1 trillion yuan ($138.9 billion) to boost the economy, announced Governor Pan Gongsheng.