 Wall Street Journal |
China's Fall in Bank Deposits May Pinch Lending
Wall Street Journal By DINNY MCMAHON BEIJING—Falling deposits at China's banks, as households seek higher returns for their savings, may challenge banks' ability to ramp up lending in response to an unexpected slowing of the Chinese economy. On Friday, the People's Bank … China Stocks May Rebound on Cut in Bank Reserves China cuts bank reserves to revive slowing economy China allows banks to lend more in bid to boost economy |
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