China may lean on RRR cuts in policy easing if slowdown persists
A bank clerk counts Chinese yuan banknotes at a branch of Industrial and Commercial Bank of China in Huaibei, Anhui province, June 8, 2012.
BEIJING (Reuters) - China's central bank could rely on cutting the amount of cash the banks must hold as reserves to bolster growth but reserve further interest rate cuts as the last-resort policy option, economists familiar with Beijing's policy-making process said.
Credit: Reuters/Stringer
Kevin Yao
BEIJING
Tue Jun 19, 2012 8:56am EDT
link-
http://www.reuters.com/article/2012/06/19/us-china-economy-idUSBRE85I0JS20120619