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ETFs To Gain From China's Added Stimulus

2016-03-02 17:46:55| Electronics - Topix.net

In a move to bolster a slumping economy, the People's Bank of China cut reserve requirement ratio for the fifth time in a year. This time, PBOC has slashed the ratio by 50 bps to 17% for all banks effective March 1, suggesting that they are required to hold fewer reserves.

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