[Money]
China to cut reserve requirement ratio by 0.5 percentage points
by Shine
May 7, 2025[Money]
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China's central bank will cut the reserve requirement ratio by 0.5 percentage points, providing about 1 trillion yuan (US$138.9 billion) in long-term liquidity, said Pan Gongsheng, governor of the People's Bank of China, on Wednesday.
#Bank of China
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