Download Your FREE Copy of the China Monetary Policy: Elaborations on Recent RRR Cut Report

 

On the last day of golden week (Oct 7, 2018) the Chinese central bank PBoC announced to cut reserve requirement ratio (RRR) by 100 bps, starting from Oct 15.

This is the fourth RRR cut in 2018, which will release 1.2 trillion yuan of liquidity, of which RMB450 billion are used for rolling over medium-term lending facility (MLF), the rest will hedge against liquidity crunch in the taxation payment season this month and offer more reliefs for SME financing.

More in this report...

Author: Mr Suyang Zhou (CEIC Data Research Analyst)

Publish Date: October 9th, 2018

laptop.png
Fill out the form to get your copy of the report.
2018-11-28_16h38_20.png

 

Information on orders in China's manufacturing sector.

2018-11-28_16h38_25.png

 

Land transaction fees vs land purchase fees.

2018-11-28_16h38_30.png

 

Industrial profit collapse in nominal terms.

 

 

 

 

CEIC Data Sources and Methodology

Our on the ground data team gathers granular micro and macro economic data in on and for emerging markets, stored and constantly updated in our CDMNext platform.

Our in house research analysts use this data to report on ongoing economic trends as well as providing forecasts on select indicators. 

Explore Our Data
CEIC Data - global and premium database