Beijing strengthens support to economy and yuan

Economists start distinguishing still weak signs of improvement of a situation. National Bank of China (RVOS), Chinese Central Bank, declared the reduction of obligatory currency reserves first in this year for the Chinese banks. The statement of RSOV appeared in few hours after Government of People's Republic of China declared new measures of support of construction sector, and also decrease in taxes on education of children and education. Beijing tries to strengthen the trust which has reeled in recent months of internal and foreign investors to the second economy of a planet which sharply slowed down this year a course under...