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China s RRR cuts to release over $68 7b in liquidity to boost economy; move in line with domestic need

China’s central bank announced on Thursday that it would cut the reserve requirement ratio (RRR), the amount of cash that Chinese banks are required to hold as reserves, by 25 basis points effective Friday, sending another resounding signal that the world’s second-largest economy is moving swiftly to tackle challenges and boost the economic recovery.

China announces tax incentives for investors in tech firms CDRs

China announces tax incentives for investors in tech firms CDRs
en.people.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.people.cn Daily Mail and Mail on Sunday newspapers.

China s economy maintains recovery track in July, albeit at slower pace

China s retail sales in July grew by 2.5 percent year-on-year, remaining on a recovery track but at a slower pace, official data released on Tuesday showed. Although the reading was weaker than expected, the consumption sector is set to stage a further rebound in the second half as consumer confidence improves and support policies kick in, officials and experts noted.

China s July data show slowdown pressure amid recovery, signalling more policy support

China s July data show slowdown pressure amid recovery, signalling more policy support
pakistantoday.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakistantoday.com.pk Daily Mail and Mail on Sunday newspapers.

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