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

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

Written by

Keith Bradsher

in

China, chinese economy, Economic Conditions and Trends, People’s Bank of China, Regulation and Deregulation of Industry
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