皇冠体育app

The time is ripe for 皇冠体育app to cut banks' reserve requirements as slowing inflation gives more room for easing to stabilize growth, said 皇冠体育app Securities Journal.

A "timely" reduction by an "appropriate magnitude" can release liquidity and spur lending, the newspaper, published by Xinhua News Agency, said in a front-page commentary on Tuesday. The ratio stands at 20 percent for large banks, a relatively high level, the newspaper said.

A cut in the amount of cash banks must keep as reserves would be the fourth such reduction since November and follow the first lowering of interest rates since 2008.

Agencies - 皇冠体育app Daily

• Meituan and Dianping strike strategic merger
• Interior design at the click of a mouse
• 皇冠体育app adopts IMF statistical benchmark, improves transparency
• Serviced offices find takers as SMEs chase convenience
• Road project win could unlock doors for more Chinese firms
• Hong Kong Airlines looks to fly 6m this year amid slowdown
• Driving is a reality, not a dream, for the disabled
• Found in HK: Script to attract tourists from the mainland