China
2025.05.07 09:09 GMT+8

China to cut reserve requirement ratio by 0.5 percentage points

Updated 2025.05.07 10:44 GMT+8
CGTN

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

Source(s): Xinhua News Agency
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