Tag: Required reserve ratio

domestic demand economic slowdown economic stimulus plan financial reform foreign direct investment Fuel Prices GDP GDP growth hard landing imports interest rates IPO legal reform lending luxury brands monetary policy monopoly peoples bank of china private equity state-owned enterprises stock market World Bank zhou xiaochuan

CDT Money: Waiting For The Bottom

The People’s Bank of China announced a 50 bps cut in the reserve requirement ratio (RRR) for commercial lenders on Saturday as it stepped up efforts to boost growth amid signs of a weakening economy. The second such cut this year, which will officially go into effect on May 18, is intended to give local banks more breathing room to lend after the central bank announced on Friday that total de