The Traderszone Network

Published in TZ Latest News 25 December, 2014 by The TZ Newswire Staff

China’s Christmas Present To The World: Beijing Eases Again, Sets Non-Bank Deposit Reserve To Zero

Four years ago, on Christmas Day in 2010, China shocked the world when, unexpectedly, hiked its lending and deposits rates by 0.25% in order to battle inflation – only its second such hike in the prior 3 years.

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