QUOTE AND NEWS
Reuters  Aug 25  Comment 
REUTERS - China's central bank (PBOC) cut interest rates and relaxed reserve requirements for the second time in two months on Tuesday, cranking up support for a stuttering economy and a plunging stock market that has sent shockwaves around the...
The Hindu Business Line  Aug 25  Comment 
The Economic Times  Aug 24  Comment 
The market had expected that the central bank would cut banks' requirement reserve ratios (RRR) to counter the economic slowdown.
SeekingAlpha  Apr 21  Comment 
The Hindu Business Line  Apr 19  Comment 
China will lower banks’ reserve requirement ratio (RRR) by one percentage point for a second time this year in a bid to increase funding for private sector investment to spur growth as the world’s...
Financial Times  Apr 19  Comment 
China central bank cuts RRR to free up lending
Forbes  Feb 4  Comment 
China's 50 basis point cut to the reserve requirement ratio (RRR) announced after market close today will meet liquidity needs for the upcoming Spring Festival. The fact that the People's Bank of China (PBOC) chose this tool, rather than normal...
Forbes  Jul 15  Comment 
Last month, the Chinese central bank cut the level of reserves banks must hold by 50 basis points for some lenders. Now, the People’s Bank of China is probably mulling an extension of the reserve-requirement cut to further spur economic growth.





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