Chinese bank reserve requirements
China’s Reserve Requirement Tightened
January 14, 2011
The People’s Bank of China raised reserve requirements. For big banks, such will become 19% on January 20, up from 18.5%. There have so far been seven increases of reserve requirements and two interest rate hikes, the last one of those getting announced on December 25. More tightening lies ahead, as inflation continues to trend […] More
