The People's Bank of China is taking a more measured approach than the central banks of the US, Japan and Europe. Photo: Reuters

In China, focus of monetary easing turns to surgical strikes

Instead of turning the liquidity sprinkler on full-throttle for the whole garden, the central bank is aiming its hose at specific parts

TOP PICKS

The People's Bank of China is taking a more measured approach than the central banks of the US, Japan and Europe. Photo: Reuters
READ FULL ARTICLE