December 8, 2021

Politics & News

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Goldman Says China Won’t Cut Reserve Requirement Ratio This Year

1 min read

“Given the large amount of maturing medium-term lending facility (MLF) in the rest of the year, an RRR cut might serve as a tool to replace MLF and thus has little net impact on overall liquidity,” they said. “Amid tight regulations on property financing, shadow banking, and local government borrowing, as well as increased supervision on anti-corruption, credit demand has remained soft.” 

Bloomberg News
2021-10-16 09:18:49

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