China cuts banks’ reserve requirement to fuel growth

China’s central bank has moved to inject more cash into the banking system by cutting reserve requirement ratios for most commercial banks, freeing up Rmb750bn ($109bn) of capital as it seeks to assuage concerns about slowing economic growth. The easing measure follows weak investment and manufacturing data, and comes as a deepening trade war with the US increases pre … https://on.ft.com/2CtYeDb

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