China prepares to roll out more measures to bolster economy ...News

Russia Today - Economy
China prepares to roll out more measures to bolster economy
source : Russia Today ( News ) () 66
Chinese policymakers are reportedly preparing measures for backing up the country's economy following the coronavirus outbreak, which is expected to negatively impact the first-quarter growth. The government is debating whether to lower the planned 2020 economic growth target of around six percent, policy sources told Reuters. They said that China's central bank is likely to lower its key lending rate on February 20, and cut banks' reserve requirement ratios (RRRs) in the coming weeks. Also on rt.com Worst day in years as Chinese markets plunge 8% amid coronavirus outbreak

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