China’s Market News: Banks Face Elevated Targeted RRR as Fail in Assessment

The PBOC has been guiding credit to flow into desirable sectors. When banks failed to meet its standards, they would have to bear higher reserve requirement ratios.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2017/02/21/Chinas-Market-News-Banks-Face-Elevated-Targeted-RRR-as-Fail-in-Assessment-.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:china_news