China’s rising inflation could prompt RRR cut
Sep 10, 2012
China RRR cut releases Rmb400 billion
As China hits a series of economic bumps its central bank has become easing monetary policy.
China’s central bank decided to cut the bank Reserve Requirement Ratio by another 50 basis points on May 13. This move comes only two months after it reduced it by the same amount amid a weakening economic backdrop.
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