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

Xinhua,April 17, 2018 Adjust font size:

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. Enditem

 

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