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Asia Pacific Economic overview

October 2018

The government of China is moving to boost the country’s economy as its trade war with the United States continues.

Beijing has been moving to increase investment in infrastructure projects in a bid to help support the Chinese economy. In early October, the People’s Bank of China (PBOC) cut its reserve requirement ratio – the level of reserves banks must hold – to help facilitate lending. It was the fourth such cut the PBOC has made this year. The trade war is starting to weigh on...