From the the South China Morning Post - 5 banks have been allowed to cut their required reserve ratio by an extra 0.5 percentage points as part of fresh efforts to pump up liquidity and aid small firms the Securities Times reported on Thursday.
- The People's Bank of China cut the required reserve ratio for all banks on February 4 by 0.5 percentage points
More at the article, which may be gated: China allows five small banks to cut reserves further
