Sunday , June 20 2021

After a lapse of three years, the central bank once again fully downgraded – the financial sector




After a lapse of three years, the central bank once more narrowly cut across the financial sector.

The central bank's move has been almost three years since the last comprehensive downgrade: on February 29, 2016, the central bank announced that since March 1, 2016, the RMB reserve ratio of financial institutions has been reduced by 0.5 percentage point. .

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