Reserve requirement ratio cut in China – will it resuscitate the economy?

Background The COVID-19 pandemic had a ripple effect across global economies. Instability and uncertainties are visibly on the rise, with the pandemic hurting performance of micro, small and medium-sized enterprises as they navigate elevated financing costs. China’s central bank announced on 15 April 2022 it would lower the amount of deposits banks have to set … Continue reading Reserve requirement ratio cut in China – will it resuscitate the economy?