PBOC Pledges Ample Liquidity to Steady Growth and Costs
The PBOC will maintain ample liquidity to align financing growth with economic and price targets, lower costs, guide rates, stabilize the RMB, and support demand and innovation.
My Global News: Voices of a New Era
๐ Stay Ahead, Stay Global ๐
The PBOC will maintain ample liquidity to align financing growth with economic and price targets, lower costs, guide rates, stabilize the RMB, and support demand and innovation.
China’s central bank cut the reserve requirement ratio by 0.5 percentage points, freeing 1 trillion yuan in liquidity to support credit growth, tech lending and economic recovery.