Releases 800 billion yuan from long-term incremental money to support the real economy – Xinhuanet – Xinhua

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1. Reflects 80 million yuan of long-term incremental money to make the real economy – Xinhuanet
2. China's Central Bank comprehensively lowered the standard! Wall Street
3. The central bank cuts the deposit reserve ratio of financial institutions by 1 percentage point to replace some of the medium-term loan facilities.
4. Central Bank Interpretation: The CRR cut will emit about 1.5 billion yuan of money.
5. Real-Time Perspective: China's central bank announces a complete RR cut, taking into account pre-holiday funding needs and steady growth needs (updated version) Reuters
6. See full story on Google News

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