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{"source_url": "https://www.thesundaily.my", "url": "https://www.thesundaily.my/business/china-cuts-banks-reserve-requirements-again-to-spur-slowing-economy-CH1845343", "title": "China cuts banks' reserve requirements again to spur slowing economy", "top_image": "https://www.thesundaily.my/binrepository/480x316/0c33/480d250/none/11808/MRYI/download-11_870452_20200101161239.jpg", "meta_img": "https://www.thesundaily.my/binrepository/480x316/0c33/480d250/none/11808/MRYI/download-11_870452_20200101161239.jpg", "images": ["https://www.thesundaily.my/binrepository/657x432/0c0/0d0/none/11808/JTLI/download-11_870452_20200101161239.jpg", "https://www.thesundaily.my/binrepository/379x250/65c0/250d250/none/11808/PCOP/download-2019-12-31t153934-190_869179_20191231154025.jpg", "https://www.facebook.com/tr?id=2418678745093464&ev=PageView&noscript=1", "https://www.thesundaily.my/binrepository/420x250/85c0/250d250/none/11808/FHBC/wedding_869850_20200101120133.jpg", "https://www.thesundaily.my/binrepository/250x333/0c42/250d250/none/11808/RVRS/72476169-10221755278851401-1002878479978463232-n_862297_20191226200807.jpg", "https://s3-ap-southeast-1.amazonaws.com/thesun-epaper.com/images/Subscribe-BTN.gif", "https://www.thesundaily.my/binrepository/480x316/0c33/480d250/none/11808/MRYI/download-11_870452_20200101161239.jpg", "https://s3-ap-southeast-1.amazonaws.com/thesun-epaper.com/ePaper+Images/ipaper.png", "https://www.thesundaily.my/binrepository/321x251/71c0/250d250/none/11808/HRDX/file-20191217-58311-1hpcxp8_867193_20191230170046.jpg"], "movies": [], "text": "BEIJING: China's central bank said on Wednesday it was cutting the amount of cash that all banks must hold as reserves, releasing around 800 billion yuan ($114.91 billion) in liquidity to shore up the slowing economy.\n\nThe People's Bank of China said on its website it will cut banks' reserve requirement ratio (RRR) by 50 basis points, effective Jan. 6. Many analysts had expected such a move was imminent.\n\nThe PBOC has now cut RRR eight times since early 2018 to spur more bank lending as economic growth slows to the weakest pace in nearly 30 years. - Reuters", "keywords": [], "meta_keywords": [""], "tags": ["Local Counsel", "Off The Cuff", "Making Sens", "Another Take", "My View", "Policy Matters", "Law Speak", "Speaking From The Heart", "On The Other Hand", "Freespace", "Just Different"], "authors": [], "publish_date": null, "summary": "", "article_html": "", "meta_description": "BEIJING: China's central bank said on Wednesday it was cutting the amount of cash that all banks must hold as reserves, releasing around 800 billion y...", "meta_lang": "en", "meta_favicon": "https://www.thesundaily.my/base-portlet/webrsrc/ctxvar/8d59900f-08ec-4018-8768-dc251cb30624.png", "meta_data": {"description": "BEIJING: China's central bank said on Wednesday it was cutting the amount of cash that all banks must hold as reserves, releasing around 800 billion y...", "og": {"title": "China cuts banks' reserve requirements again to spur slowing economy", "description": "BEIJING: China's central bank said on Wednesday it was cutting the amount of cash that all banks must hold as reserves, releasing around 800 billion y...", "image": "https://www.thesundaily.my/binrepository/480x316/0c33/480d250/none/11808/MRYI/download-11_870452_20200101161239.jpg", "type": "Article", "url": "https://www.thesundaily.my/business/china-cuts-banks-reserve-requirements-again-to-spur-slowing-economy-CH1845343", "site_name": "www.thesundaily.my"}, "ROBOTS": "INDEX, FOLLOW", "viewport": "width=device-width", "twitter": {"card": "summary_large_image", "site": "@theSundaily"}}, "canonical_link": "https://www.thesundaily.my/business/china-cuts-banks-reserve-requirements-again-to-spur-slowing-economy-CH1845343"} |
