The headquarters of the People's Bank of China, the Chinese central bank, in Beijing. Photo: Reuters
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

Rate rises signal PBOC’s risk management shifting to a higher gear

The central bank has repeatedly warned of rising financial risks in recent months – the latest action suggests the tolerance for further bubble buildup is wearing thin

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The headquarters of the People's Bank of China, the Chinese central bank, in Beijing. Photo: Reuters
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