The Peoples Bank of China plans to cut the reserve requirement ratio by 50 basis points, with further reductions expected by ...
China may also cut the RRR further this year by another 0.25 to 0.5% at the appropriate time. The PBOC will also lower the ...
In addition, People's Bank of China Governor Pan Gongsheng announced plans to cut the reserve requirement ratio (RRR) by 0.5%, injecting 1 trillion yuan of long-term liquidity into the market.
China’s central bank lowered a short-term policy rate and pumped more liquidity into the financial system, as it continues ...
China's central bank followed the Federal Reserve's lead by cutting interest rates on Monday. It also revealed it's planning to hold a rare briefing on the economy, sparking gossip about whether ...
The governor of the People's Bank of China, Pan Gongsheng, has announced new measures meant to boost the country's ailing ...
People's Bank of China Gov. Pan Gongsheng also said the central bank would cut the 7-day repo rate by 0.2 percentage points.