China cuts bank's reserve requirement ratio to boost small business

Source: Xinhua| 2018-04-17 19:13:11|Editor: pengying
Video PlayerClose

BEIJING, April 17 (Xinhua) -- China's central bank will cut the reserve requirement ratio (RRR) for banks by 1 percentage point starting April 25, in a move to boost small businesses, shore up financial stability, and improve liquidity structure, the People's Bank of China said on Tuesday.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001371177331