What Does PBOC’s RRR Cut Mean for the Economy, Markets?

Jul.12 — Cecilia Chan, chief investment officer of Asia Pacific at HSBC Asset Management, discusses the state of the Chinese economy, policies and financial markets. The People’s Bank of China said on Friday it would reduce the reserve requirement ratio by 0.5 percentage point for most banks effective July 15. Chan also discusses the outlook for the global economy and HSBC’s investment themes for the second half on “Bloomberg Markets: Asia.”