27 Jul 2016
UBS’s Gao: China may cut RRR 1-2 times before end of 2016
Gao Ting, chief China strategist at UBS, suggests that the PBOC may slash RRR 1-2 times by the turn of this year.
Key Headlines via Bloomberg:
China may cut RRR 1-2 times before end of 2016
Sees limited room for yuan depreciation
Sees slower China real estate investment in Q4