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People’s Bank of China Cuts Reserve Requirement to Spur Bank Lending

September 14, 2023

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The People’s Bank of China will allow commercial banks to hold less money in reserve, but businesses and households have been cautious about borrowing.

By Keith Bradsher | NYTimes | NYT > Business | Disclosure

but businesses and households have been cautious about borrowing. NYT NYT > Business NYTimes The People’s Bank of China will allow commercial banks to hold less money in reserve

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People’s Bank of China Cuts Reserve Requirement to Spur Bank Lending

The People’s Bank of China will allow commercial banks to hold less money in reserve, but businesses and households have been cautious about borrowing.

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