Comment & Analysis
China’s quest for quality growth – Rashmi Sadhwani, Investment Strategist at Coutts
The People’s Bank of China (PBoC) made a further full percentage-point cut to its reserve requirement ratio (RRR) on Sunday, a larger-than-expected move as policymakers seek to ensure there is sufficient liquidity to reach China’s official 7% growth target. We believe Sunday’s easing will be followed by yet more cuts…
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