Exclusive insight from Alan Greenspan and ray dalio. You are probably going to lose. Francine and bloomberg at the motor show. All this, plus the weeks most revealing charts coming up on bloomberg best. Hello, i am francine lacqua. Alcome to bloomberg best, weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets take a daily b day by dayk starting at a bold policy step on monday from the people of china. The big story the Chinese Central Bank cutting the reserve requirement ratio by 17 , reducing the amount of capital that banks need to hold in reserve. This is hot on the heels of one of the biggest months of new credit growth in china. Is that a story here . Are completely correct. This is both a significant surprise and a significant move, especially when you consider the amount of liquidity they have already pumped into the system. In the near terms, it will add to credit growth in china, and economy growp the in t
Ray you are probably going to lose. Francine and the worlds top automaker at the geneva auto show. All this, plus the weeks most revealing charts coming up on bloomberg best. Hello, i am francine lacqua. Welcome to bloomberg best, a weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets take a day by day look at the top headlines starting at , a bold policy step on monday from the peoples bank of china. Jonathan the big story the Chinese Central Bank cutting the reserve requirement ratio by 50 basis points to 17 reducing the , amount of capital that banks need to hold in reserve. This is hot on the heels of one of the biggest months of new credit growth in china. Is that a story here . Enda you are completely correct. This is both a significant surprise and a significant move, especially when you consider the amount of liquidity they have already pumped into the system. In the near terms, it will add to credit growth