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China Hints at Reserve Ratio Cut to Help Bolster Economy Bloomberg News, Bloomberg News A cleaner sweeps the ground in front of the People s Bank of China (PBOC) headquarters building in Beijing, China, on Wednesday, May 19, 2021. Photographer: Yan Cong/Bloomberg , Bloomberg (Bloomberg) China’s State Council signaled the central bank could make more liquidity available to banks in order to boost lending to businesses, including by cutting the amount of money they have to keep in reserve. Bond yields fell. Authorities “will use monetary policy tools, including a cut to the reserve requirement ratio at an appropriate timing to enhance financial support to the real economy, particularly to smaller businesses,” the government said in a statement Wednesday after a meeting of the State Council, the equivalent of a government cabinet, chaired by Premier Li Keqiang. That’s aimed at helping firms deal with the imp

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