China’s central bank plans to concentrate on directing funds into critical sectors to stimulate the economy. That follows an unusual reserve requirement ratio announcement. The PBoC increased funding through these tools by 7% in the last quarter, reaching a total of 7.5 tln yuan (USD 1 tln). Economists believe that the central bank, following up that move by steering credit into select areas, along with a handful of trims to the amount of cash banks, must hold in reserve and modest policy-rate cuts.