People’s Bank of China Cuts Reserve Requirement to Spur Bank Lending

People’s Bank of China Cuts Reserve Requirement to Spur Bank Lending

The New York Times - Business:

The People’s Bank of China will allow commercial banks to hold less money in reserve, but businesses and households have been cautious about borrowing.

Keith Bradsher
Author: Keith Bradsher

This post first appeared in The New York Times - Business. Read the original article.