top of page
  • Twitter Social Icon
  • LinkedIn Social Icon
  • Facebook Social Icon

China Economics: RRR Cuts Proven Ineffective


On 7 October 2018, the People’s Bank of China (PBOC) announced a Renminbi Reserve Requirement Ratio (RRR) cut of 100 bps, starting on 15-October. We believe China’s further RRR cuts will be ineffective to the real economy, and could even hurt the real economy. However, the cuts will help boost asset prices (real estate, stocks and bonds). While a price cap policy on properties has been implemented across first-tier and many second-tier cities, property rent will rise accordingly


Recent Posts

See All
RECENT POST
  • Facebook Social Icon
  • LinkedIn Social Icon
  • Twitter Social Icon

© 2023 by Talking Business.  Proudly created with Wix.com

bottom of page