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https://www.cnn.com/2023/03/17/economy/china-reserve-requirement-ratio-cut-intl-hnk/index.html
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China makes surprise rate cut to boost banking liquidity and the economy - CNN
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3/17/23 at 10:57am
Organization
CNN
Author
Laura He
Details
49 words
Summarize
Business & Industrial
Finance
surprise rate
China
banking liquidity
CNN
China's central bank has made a surprise cut to the amount of money that banks must keep in reserve, in an effort to keep money flowing through the financial system and prop up the economy.
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