Home China Press: More PBOC RRR cuts may come this year
FXStreet News

China Press: More PBOC RRR cuts may come this year

Bloomberg reports key headlines from the front page commentary ran in the China Securities Journal earlier today.

Key Points:

China should expand two-way capital market opening.

Should encourage more overseas firms to list A shares.

Should accelerate allowing more foreign ownership of securities, mutual fund firms.

Should strengthen stock connects.

The reserve requirement ratio (RRR) cuts for some banks may happen in H2.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.