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PBOC expected to release more capital.........>

CHINA
CHINA: PBOC expected to release more capital (China Daily)
- China's central bank is expected to release more capital into financial
institutions, to ensure ample funds are lent to local governments-the key
measure to strengthen investment and stabilize economic growth in the coming
months, analysts said.
- The market expected an overall cut in the reserve requirement ratio (RRR)
possibly as soon as this weekend. The last time when the central bank announced
a full-scale RRR cut was in January.
- Link: https://tinyurl.com/yxdxvlaq
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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