Impacts of Turmoil in China and Middle East

THERE has been a sudden about-face in the Chinese government’s economic policy. Last week, the People’s Bank of China launched a stimulus package aimed at boosting the sluggish economy. A massive injection of liquidity was introduced to stimulate consumer spending.

The stimulus includes short-term interest rate cuts and a reduction in reserve requirements for banks. The amount of money banks must hold in reserve will be cut

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.