Press "Enter" to skip to content

China’s State Council signals more cuts in banks’ reserve requirement ratio


Chinese top policymakers signaled further cuts in banks' reserve requirement ratio (RRR) in a move to injecting more liquidity into the banking system to boost an economy hard hit by the coronavirus outbreak.

China will make targeted cuts in bank reserve requirement ratios (RRR) to boost lending support for small companies that have been hit hard by the coronavirus outbreak, according to a statement released by the government, citing a State Council meeting chaired by Premier Li . . .

To continue reading, please subscribe. You will get

  • Original and data-driven reporting with details and perspectives you won't find anywhere else
  • THE WIRE - A real-time platform focused on China, with up-to-the-minute updates
  • Daily Brief newsletter to get you prepared for every trading day
  • An indispensable and reliable source of information on China's economy and financial markets
  • We focus. That's why you choose us.


FREE TRIAL cancel anytime


We highly value independence. We are solely funded by subscriptions from intelligent readers like you. Not ready for our full service? Try Free Weekly Newsletter first.


Already have an account? Sign In