41 0

Workers transport a container from a China-Europe freight train that departed from Russia's Omsk, at a cargo terminal in Ulanqab, Inner Mongolia Autonomous Region, China February 20, 2020. China Daily via REUTERS. SHANGHAI/BEIJING (Reuters) - China will guide overall market interest rates lower and keep liquidity appropriately ample to help companies affected by the coronavirus epidemic, a senior central banker told state media. Liu Guoqiang, deputy governor of the People’s Bank of China, also told the Financial News in an interview that the central bank will release more liquidity to banks by adjusting the criteria for targeted reserve requirement ratios (RRR) cuts. China has cut several ... Full story

22 February