Estate bubble by increasing banks required reserve ratio

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In recent years, China’s central bank has been attempting to combat a significant real estate bubble by increasing banks’ required reserve ratio. What are Chinese policy makers seeking to achieve?

A) They want interest rates and housing prices to fall

B) They want interest rates to rise and housing price to fall/stabilize

C) They want interest rates to fall and housing prices to rise

D) They want interest rates and housing prices to rise

Reference no: EM13995850

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