The Peoples Bank of China (PBOC) is the central bank. It recently cut its reserve requirements from 7 percent to 6 percent, thereby creating 400 billion yuan million in excess reserves. The total change in deposits (with no drains) would be 27 A. RMB 6.67 Trillion B. RMB15,625 Trillion. C. RMB 12,857 Tillion. D. RMB 3,795 Tillion. E. none of the options