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Aggregated China Business Blogs
Chinese Central Bank Reveals Details Of Targeted RRR Cut
Aggregated Source: China Money Network
The People's Bank of China says today that certain qualifying Chinese banks' reserve requirement ratios will be reduced by 0.5%, effective June 16, according to an announcement by the Chinese central bank. The policy initiatives apply to Chinese commercial banks that issued more than 50% of new loans to the agriculture sector, or to the […]

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