China Loosens Lending Restrictions, Turns on Debt Spigot

China announced fresh, deep cuts to bank reserve requirements in an effort to provide more economic stimulus and increase liquidity as economic slowdown worsens.
China Loosens Lending Restrictions, Turns on Debt Spigot
A man walks past the headquarters of the People's Bank of China (PBoC), the central bank, in Beijing on Sept. 28, 2018. Jason Lee/Reuters
|Updated:
News Analysis

China announced fresh, deep cuts to bank reserve requirements in an effort to provide more economic stimulus and increase liquidity as economic slowdown worsens.

Fan Yu
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
Related Topics