China to cut reserve requirement ratio by 0.5 percentage points
09:51 UTC+8, 2025-05-07
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China's central bank will cut the reserve requirement ratio by 0.5 percentage points, providing about 1 trillion yuan (US$138.9 billion) in long-term liquidity.
09:51 UTC+8, 2025-05-07
0
China's central bank will cut the reserve requirement ratio by 0.5 percentage points, providing about 1 trillion yuan (US$138.9 billion) in long-term liquidity, said Pan Gongsheng, governor of the People's Bank of China, on Wednesday.
Source: Xinhua
Editor: Wang Qingchu
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