China

China Macro: RRR Cuts' Diminishing Impact

In the absence of an LPR cut, the impact of the latest RRR move may be limited. We estimate that net of MLF maturities, the liquidity boost is CNY700bn, about 40% of an average month's new loans.

Macroeconomics
206 Views, 07 Dec 2021 10:46
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Stanley Tsai, CFA
Financials Specialist
China & Hong KongFinancialsEquity Bottom-UpThematic (Sector/Industry)

Stanley has over 20 years of experience as a financial sector specialist across equities and fixed income. He is current... 

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