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Beijing's reserve ratio cut to boost stocks, lending: analysts
Published Mon, Apr 20, 2015 · 09:50 PM
Beijing
CHINA'S central bank move to cut reserve ratios for banks are expected to boost stock markets further and lead to easier loans to companies, analysts said.
As of Monday morning all banks in China have to hold less cash aside as reserves as the government loosens its monetary policy to spur growth and lessen liquidity pressures on the interbank markets.
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