Expert on CCP Cutting Reserve Requirements to Spur Economy

NTD Newsroom
By NTD Newsroom
July 13, 2021NTD Business
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China’s central bank is reducing some reserve requirements to allow more money to enter the system—around $150 billion worth. NTD asked Joseph Trevisani, senior analyst at FX Street and long-time China watcher, if this is the equivalent of a small stimulus package.