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China to cut bank reserve ratio in bid to boost growth, markets

A 0.5 percentage-point cut to the ratio, the amount of cash that banks have to keep in reserve, will provide 1 trillion yuan ($139 billion) in long-term liquidity to the market, Pan said during a briefing with the press Wednesday. ....

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China to Cut Bank Reserve Ratio in Bid to Boost Growth, Markets

(Bloomberg) China will cut the reserve requirement ratio for banks in early February to unleash more money and help the economy, according to People’s Bank of China Governor Pan Gongsheng.Most Read from BloombergApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028China Weighs Stock Market Rescue Package Backed by $278 BillionTurkey Approves Sweden NATO Bid, Leaving Hungary as HoldoutAckman Buys Into Israel Bourse in First Major Deal Since WarThe 0.5 percentage-point cut to t ....

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PBOC Will Cut RRR for Banks in Early February, Governor Says

PBOC Will Cut RRR for Banks in Early February, Governor Says
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China "Unexpectedly" Cuts Required Reserve Ratio In Desperate Bid To Contain Market Collapse

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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Tanking Alibaba drags Hong Kong as markets rally fades

Asian stocks fell Friday as a rally fuelled by the likely end of US interest rate hikes ran out of puff, while Alibaba dragged Hong Kong down after saying ....

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