FT. Newspaper Today’s frontpage Monday 25th , June 2018, UK Newspaper

FT. Newspaper Today's frontpage Monday 25th , June 2018, UK Newspaper

China is cutting the amount of reserves needed by the country’s bank in order to free up money to help "cushion a slowing economy", the Financial Times reports. The paper says the People’s Bank of China was reducing the reserve requirement ratios of large commercial banks, freeing up the equivalent of £58bn. It comes amid sanctions imposed by Donald Trump’s US administration.

News Source BBCNewsPaper

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