iOS app Android app

China Bank Reserves

China Makes the Right Move

Steve H. Hanke | Posted 04.11.2015 | World
Steve H. Hanke

Yesterday, China's Central Bank reduced bank reserve requirements for large banks by 50 basis points to 19.5 percent. The Chinese know that the nominal level of national income is determined by the magnitude of the money supply.

China Takes Another Big Step To Fight Inflation

Posted 05.25.2011 | Business

(By Kevin Yao and Koh Gui Qing) BEIJING: China's central bank raised lenders' required reserves on Friday for the fourth time in just over two months,...