China Press: China has room to cut RRR

Bloomberg reports the key headlines from a China Securities Journal opinion piece published today –
China has room to cut the reserve requirement ratio (RRR) and repay medium-term lending facility (MLF).
China is likely to see an ease in liquidity tension in the week - RRR cut to take effect, fiscal spending to increase.
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















