Pantheon Macroeconomics - China is set to ease reserve requirements for banks lending to small businesses. In a statement after the State Council meeting yesterday, Premier Li Keqiang said that commercial banks would receive a cut in their RRR , from 17% currently, based on how much they lend to businesses run by individuals.

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29 September 2017 China's Pending Targeted RRR cut Implies SMEs are Struggling

By Freya Beamish

China is set to ease reserve requirements for banks lending to small businesses. In a statement after the State Council meeting yesterday, Premier Li Keqiang said that commercial banks would receive a cut in their RRR , from 17% currently, based on how much they lend to businesses run by individuals.

Posted: 28th Sep 2017 in 'Asia Documents'

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Keywords for: Asia Documents | 29 September 2017 China's Pending Targeted RRR cut Implies SMEs are Struggling

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