Reserve ratio may be cut to stabilize growth
By Zhou Lanxu | China Daily | Updated: 2018-12-27 07:48
Policy could offset pressure of falling foreign exchange reserves, experts say
China may cut the reserve requirement ratio in 2019 to ensure reasonably ample liquidity and stable economic growth, analysts suggested.
"In the near future, it is necessary to cut the ratio to achieve proper growth in money supply," said Yang Weiyong, an associate professor of economics at the University of International Business and Economics.
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