China May Cut Reserve Ratio Next Week, Neumann Says
Jul. 5, 2012
Frederic Neumann, co-head of Asian economic research at HSBC Holdings Plc, talks about China's economy and central bank monetary policy.
In a 45-minute span yesterday, the European Central Bank and People’s Bank of China cut their benchmark borrowing costs, while the Bank of England raised the size of its asset-purchase program. Neumann speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)