China raised banks’ reserve ratio requirements on Sunday, the fourth time this year that Beijing has used this tool to tighten liquidity. The move underscores Beijing’s commitment to monetary tightening at a time when other economies, including the European Central Bank, are also beginning monetary tightening.
中國周日上調了存款準備金率。這是今年以來中國第四次運用這項工具收緊流動性。在其他經濟體——包括歐洲央行在內——紛紛開始收緊銀根之際，此舉也突顯出中國收緊銀根的承諾。
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