China's economy shifts to second gear

preview_player
Показать описание
The new year brought new liquidity into the Chinese market. Last Friday, China's central bank announced a cut in the reserve requirement ratio of banks by one percent. This means banks will have more cash to give out as loans. The cut is expected to release around 1.5 trillion yuan into the economy, which is aimed at helping small and medium-sized companies as the Chinese economy gears up for a soft landing.

Follow us on:

Рекомендации по теме
Комментарии
Автор

soft landing is good for chinese economy and society, time to focus more on quality, quantity is less important

armstrongchan
Автор

This is not good this is inflationary problem

mariosuarez