China's central bank decided to force banks to raise their deposits starting March 25 by 0.5%. This increase in the reserve ratio is the third such decision this year. Now big banks will be obligated to set aside 20% of the deposits as reserves at the central bank.

Inflation remains a top priority in China, thereby this decision was taken in an attempt to limit liquidity and keep inflation in the second largest economy under control, which seams to be threatening the economy more than Japan's crisis.