Posts Tagged ‘credit’


China to crank up credit as lending, economy slow

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 eccentric up confidence creation as the world’s second-largest nation faces a fifth successive quarter of slowing growth. View full post on Reuters: [...]

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