The Central Bank of China lowered reserve requirement ratios, which gives banks more money to loan rather than keeping cash on reserve.

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In March, the Central Bank cut reserve requirement ratios at banks.

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The EU debt situation shared the spotlight with China Monday as Chinese monetary authorities loosened monetary policy over the weekend by reducing reserve requirement ratios on domestic bank reserves.

FORBES: By Jim Wyckoff Of Kitco News

The EU debt situation is also sharing the spotlight with China Monday as its monetary authorities loosened monetary policy over the weekend by reducing reserve requirement ratios on domestic bank reserves.

FORBES: By Jim Wyckoff Of Kitco News