Many of you have been following us for a long time on Croblanc, and you already know that we regularly share new video content from the Youtube channel Bloomberg Markets and Finance which our community is extremely fond of. And so we decided to share with you today this latest content that might spark your interest.
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For your information, you can find below the description of the video PBOC Boosts Stimulus to Support Covid-Hit Economy published by the Youtube channel Bloomberg Markets and Finance:
China's central bank reduced the reserve requirement ratio for most banks by 25 basis points in a move that will inject 500 billion yuan ($70 billion) of liquidity into the economy racked by surging Covid cases and a continued property downturn. Tom Mackenzie reports on Bloomberg Television.
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