China's central bank cut the reserve requirement ratio for its banks on Wednesday for the first time in nearly three years to ease credit strains and shore up activity in the world's second-largest economy. The cut lowers the reserve ratio for China's ... China Cuts Bank Reserve Ratio By 50 Basis Points
Wednesday, November 30, 2011
China Cuts Bank Reserve Ratio By 50 Basis Points
China's central bank cut the reserve requirement ratio for its banks on Wednesday for the first time in nearly three years to ease credit strains and shore up activity in the world's second-largest economy. The cut lowers the reserve ratio for China's ... China Cuts Bank Reserve Ratio By 50 Basis Points
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