China Seen Cutting Banks' Reserve Ratio in August to Add Cash

(Bloomberg) -- China’s central bank may cut the reserve-requirement ratio for major banks as soon as this month in an effort to boost lending and revive momentum for the economic recovery. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseS&P 500 Has Worst Day Since April After Big Rally: Markets WrapCanada PM Justin Trudeau Splits With Wife Sophie GregoireMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceHere Are the 78 Charges Trump Now Faces, a

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