Anthony Chan from JP Morgan Chase on China’s rate cut

Global Business

China’s stock market reacted negatively to the central bank’s move to cut the reserve requirement ratio, or triple R’s. Stocks on both the Chinese mainland and Hong Kong market closed down Monday.

CCTV America interviewed JP Morgan Chase’s Private Client Chief Economist Anthony Chan about the rate cut.

Anthony Chan from JP Morgan Chase on China\'s rate cut

Anthony Chan from JP Morgan Chase on China\'s rate cut

China's stock market reacted negatively to the central bank's move to cut the reserve requirement ratio, or triple R's. Stocks on both the Chinese mainland and Hong Kong market closed down Monday. CCTV America interviewed JP Morgan Chase's Private Client Chief Economist Anthony Chan about the rate cut.