Logo 28 Apr 2022

Deep dive | Method in the madness: The logic behind the PBoC’s underwhelming monetary policy

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Exec sum:

Over the last few weeks, with economic headwinds mounting, the relatively restrained monetary policy approach of China’s central bank (PBoC) has left some scratching their heads.
Clearly, the PBoC’s overarching priority is to lower the cost of financing for end-borrowers – parti...



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