Kent Matthews's articles BUSINESS & ECONOMICS EDITOR'S PICK How China Is Rethinking Its Economy The People’s Bank of China is encouraging Chinese banks to lend more to businesses and consumers by cutting the proportion of deposits that they have to hold as reserves by 0.5 percentage points to an average of 8.4% from December 15. It follows a similar cut in July, and is an interesting counterpoint to western central banks such as […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK How China Is Rethinking Its Economy The People’s Bank of China is encouraging Chinese banks to lend more to businesses and consumers by cutting the proportion of deposits that they have to hold as reserves by 0.5 percentage points to an average of 8.4% from December 15. It follows a similar cut in July, and is an interesting counterpoint to western central banks such as […] Saving Bookmark this article Bookmarked