SHANGHAI/BEIJING (Reuters) - China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan ($55.6-$63.5 billion) in a bid to crank up credit creation as the world's second-biggest economy faces a fifth successive quarter of slowing growth.
Read More »
 |
Search results for lending
China acts to crank up credit as lending, economy slow
Posted by ReutersNews 94 days ago (http://feeds.reuters.com)China to crank up credit as lending, economy slow
Posted by ReutersNews 94 days ago (http://feeds.reuters.com)
SHANGHAI/BEIJING (Reuters) - China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan ($55.6-$63.5 billion) in a bid to crank up credit creation as the world's second-biggest economy faces a fifth successive quarter of slowing growth.
Read More »
« previous1 next »
A complete free social bookmarking portal to share news, gossips, pictures and videos. Please vote a link if you like it so that it can be promoted to the home page.
Copyright 2010 Links Gutter | RSS Feeds | Contact Us | Privacy Policy
