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The PBOC is very likely to cut the......>

CHINA PRESS
MNI (London)
CHINA PRESS: The PBOC is very likely to cut the reserve requirement ratio (RRR)
in September, as the State Council executive meeting on Wednesday said China
will use general and targeted RRR cuts in a timely manner, Shanghai Securities
News reported. The State Council also noted that China will speed up lowering
the actual interest rate and increase financial support for the real economy,
especially for private and small companies, the paper said.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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