Phnom Penh Post

Most Asian markets started on Monday on a positive note to build on last week’s gains after China unveiled fresh stimulus measures and below-par US jobs data reinforced expectations the Federal Reserve (Fed) will cut interest rates this month.

The People’s Bank of China (PBoC) on Friday said it would slash the amount of cash lenders must keep in reserve to its lowest level in 12 years, freeing up more than $100 billion for the stuttering economy.

https://www.phnompenhpost.com/business/ ... asing-move

This is not a good news, with business and investor uncertain to whats going next and already high gearing ratios, they reluctant to borrow more....mean time, these money gonna push up goods price in mainland China...its a fked up situation down there..pork price has increased about 60% in last few months, its luxury now for people who can eat pork now a days in China.

^^^ Generally I agree with you Adam.

However, It is the intention of the government that the extra lending goes to SME's.
That could be a good thing for the masses. ???
- more employment, stimulate the economy at a local level, increase small business productivity...

If it goes to property and stock market speculation that would be a big mistake.
Or to prop up outdated inefficient state owned enterprises.
As it has before.