China's central bank said on Monday it will cut reserve requirement ratios (RRRs) to release about 280 billion yuan ($41 billion) for some small and medium-sized banks, in a targeted move to support companies struggling amid an economic slowdown.
from Reuters: Money News https://reut.rs/2LmWH73
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Reuters: Money News
China gives modest boost to economy with RRR cut amid renewed trade tensions
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