One of China's current problems is domestic demand, but the new measures approved by the Beijing government could bring improvements in this respect. On Tuesday, the Chinese government announced a monetary stimulus, which includes the following measure: the level of required bank liquid reserves will be lowered by 0.5%. The new measures, as stated in an article published by ‘Reuters’, also include the possibility for funds and brokers to draw directly from the Chinese central bank's funding.
Beauty Flow" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 4.0 License http://creativecommons.org/licenses/by/4.0/
39 | 0
26.09.2024
Duration: 01m 08s
Topic: Financial markets/economy
