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China central bank governor says will cut banks' reserve requirement ratio

The Star LogoThe Star16h ago

China central bank governor says will cut banks' reserve requirement ratio - The Star

Quick Summary:

BEIJING: China's central bank governor said on Wednesday the bank would cut the amount of cash that banks must hold as reserves by 50 basis points, the first reduction in 2025 as policymakers seek to support the economy amid a protracted trade war with the United States.

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People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 09:20:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 152 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28454139

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 33 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 4 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "China central bank governor says will cut banks' reserve requirement ratio" has 152 words across 5 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "China central bank governor says will cut banks' reserve requirement ratio" was covered 16 hours ago by The Star, a news publisher based in Malaysia.

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The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 33 news stories per day.

It's most recent story was published 4 hours ago.

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  • News ID: #28454139
  • URL: https://wl.beamstart.com/news/china-central-bank-governor-says-17465813566982

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