The People’s Bank of China (PBoC) on Sunday lowered the RRR for banks by 100 basis points to 18.5% as it seeks to add more liquidity to the economy, help boost bank lending and combat a growth slowdown. “The major reason for the RRR cut is the net forex outflows from China,” Grace Tam, global […]
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China A share exposure boosts fund returns
The top performing funds that tap China’s A-share markets have soared since the Stock Connect launched and China cut interest rates, but they haven’t beat their benchmarks.
