# China pumps $79 billion into economy with bank cash reserve cut

> China cut the targeted bank reserve requirement ratio, injecting about $79 billion of liquidity into the economy. The move is part of Beijing's effort to cushion the economic blow of the coronavirus outbreak amid job loss worries, with more stimulus expected.

- Date: 2020-03-13 · published 2020-03-13T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/10777-china-pumps-79-billion-into-economy-with-bank-cash-reserve-cut
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Liquidity injection supports Chinese industrial and livestock demand over time, which is supportive for feed ingredients and meal prices, though the effect on near-term prices is moderate.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-10-02 | [US and China Unveil $30 Billion Tariff-Cut Framework for Agricultural Exports - Beijing Post](https://feedsoft.ai/events/4457-us-and-china-unveil-30-billion-tariff-cut-framework-for-agricultural-exports.md) | -1.6% | -7.0% |
| CORN | 2018-04-13 | [China seeks to increase soy production](https://feedsoft.ai/events/65493-china-seeks-to-increase-soy-production.md) | -0.4% | +3.0% |
| CORN | 2022-03-01 | [House Ag Committee Begins Farm Bill Work With Eye on Fertilizer Prices, China Trade War Effects](https://feedsoft.ai/events/42255-house-ag-committee-begins-farm-bill-work-with-eye-on-fertilizer-prices-china.md) | +4.7% | +12.1% |
| CORN | 2018-09-26 | [Argentina, IMF reach deal to boost financing to $57 billion \| AP News](https://feedsoft.ai/events/63332-argentina-imf-reach-deal-to-boost-financing-to-57-billion-ap-news.md) | -0.2% | -0.1% |
| CORN | 2021-06-30 | [Now With Too Many Pigs, China Moves to Prop Up Pork Prices - Caixin Global](https://feedsoft.ai/events/46557-now-with-too-many-pigs-china-moves-to-prop-up-pork-prices-caixin-global.md) | -0.4% | -10.6% |
| SBM | 2026-10-02 | [US and China Unveil $30 Billion Tariff-Cut Framework for Agricultural Exports - Beijing Post](https://feedsoft.ai/events/4457-us-and-china-unveil-30-billion-tariff-cut-framework-for-agricultural-exports.md) | +2.1% | -3.4% |
| SBM | 2022-02-23 | [China to release soybeans, soy oil from central reserves to boost supplies](https://feedsoft.ai/events/8762-china-to-release-soybeans-soy-oil-from-central-reserves-to-boost-supplies.md) | +2.3% | +6.0% |
| SBM | 2018-09-26 | [Argentina, IMF reach deal to boost financing to $57 billion \| AP News](https://feedsoft.ai/events/63332-argentina-imf-reach-deal-to-boost-financing-to-57-billion-ap-news.md) | +1.6% | +1.5% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-economy-rrr-cut/china-cuts-reserve-ratios-for-some-banks-pumps-out-79-billion-to-spur-virus-hit-economy-idUSKBN2101B3/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.