Friday, January 4, 2019

"China prepares for testing 2019 by freeing up US$210 billion in latest move to boost ailing economy"

From the South China Morning Post, Jan. 4:
  • People’s Bank of China to cut required reserve ratio by one percentage point in January
  • Move came hours after Chinese Premier Li Keqian told the central bank to do more to help the growth of the world’s second largest economy