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Out of options and bracing for impact, Chinese authorities ready for more failure.

Eurodollar University

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The Effects of Interest Rate Cuts on China's Economic Growth

China's economic growth will get a bigger boost if the central bank cuts reserve requirement ratio for banks rather than interest rates. Monetary easing through cuts in the RR or the policy rate quote would send an immediate signal to the broader market that growth is now the focus, helping boost confidence. Uradallian University has memberships available where we talk about global monetary system and why it isn't doing what it's supposed to do.

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