Wu Blockchain (@WuBlockchain): China will cut the reserve requirement ratio for banks in early February to unleash more money and help the economy. The 0.5 percentage-point cut to t…
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China will cut the reserve requirement ratio for banks in early February to unleash more money and help the economy. The 0.5 percentage-point cut to the ratio, or the amount of cash that banks have to keep in reserve, on February 5 will provide 1 trillion yuan ($139 billion) in…