China Reserve Ratio Cuts Seen in 2012 by Kwok, June 1

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June 1 (Bloomberg) -- Donna Kwok, a Hong Kong-based economist at HSBC Holdings Plc, talks about China's economy, central bank monetary policy, and the government's fiscal policy. China’s Purchasing Managers’ Index fell to 50.4 in May from 53.3 in April, China’s statistics bureau and logistics federation said today. A separate gauge from HSBC and Markit Economics showed a seventh straight contraction, the longest since the global financial crisis in 2009. Kwok speaks with Zeb Eckert on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)


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