China has more space to cut reserve ratio instead of interest rates, says ex-official

China has more space to cut reserve ratio instead of interest rates, says ex-official By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Paramilitary cops stand guard in entrance of the headquarters of the Folks’s Financial institution of China, the central financial institution (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Picture BEIJING (Reuters) – China is prone to implement proactive fiscal coverage subsequent 12 months as there may be nonetheless a necessity…

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