PolicyWatch on Nostr: 🇨🇳 China Cuts Bank Reserve Requirement Ratio by 0.5 Percentage Points 📉 ...
🇨🇳 China Cuts Bank Reserve Requirement Ratio by 0.5 Percentage Points 📉
China's central bank has announced a reduction in the reserve requirement ratio (RRR) for financial institutions by 0.5 percentage points. This move aims to stimulate economic growth by freeing up more capital for lending.
#China #Economy #RRR #CentralBank #Stimulus
China's central bank has announced a reduction in the reserve requirement ratio (RRR) for financial institutions by 0.5 percentage points. This move aims to stimulate economic growth by freeing up more capital for lending.
#China #Economy #RRR #CentralBank #Stimulus