GO
Loading...
 

What's Behind China's Bank Reserve Cut?

Tue 15 May 12 | 03:40 AM ET
 Highlight transcript below to create clip
Transcript:  Print  |  Email
    This term does not appear
Go
 Click text to jump within video

What's Behind China's Bank Reserve Cut?

Tue 15 May 12 | 03:40 AM ET
"This move is intended to stabilize rather than spur growth. They have plenty of growth going on that moment, but because of the tightening of the property market there is a shortage of capital for on-going projects," Professor Richard Wong of the University of Hong Kong told CNBC's Squawk Box Europe.

Topics:

China  | Central Banks  | China  | Squawk Box Europe
 
Go
Displaying results for: Latest Video | US