Amid Signs of Economic Weaknesses, China to Free Cash for Lending – New York Times
 AFP |
Amid Signs of Economic Weaknesses, China to Free Cash for Lending
New York Times China's central bank announced late Saturday that it would loosen monetary policy in a clear effort to stimulate the economy after the release on Thursday and Friday of a batch of economic indicators for April that were considerably weaker than most … China acts to boost loans, bolster flagging economy China cuts reserves banks must maintain to spur lending and revive flagging … China Cuts Bank Reserve Ratio as Economy Slows |
