It is indeed true that the PBOC is not shrinking its balance sheet like the US Federal Reserve. Instead it has been trashing that balance sheet. Photo: Reuters It is indeed true that the PBOC is not shrinking its balance sheet like the US Federal Reserve. Instead it has been trashing that balance sheet. Photo: Reuters
It is indeed true that the PBOC is not shrinking its balance sheet like the US Federal Reserve. Instead it has been trashing that balance sheet. Photo: Reuters
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

Talk of different policy tools makes no difference at all

It is indeed true that the PBOC is not shrinking its balance sheet like the US Federal Reserve. Instead it has been trashing that balance sheet.

It is indeed true that the PBOC is not shrinking its balance sheet like the US Federal Reserve. Instead it has been trashing that balance sheet. Photo: Reuters It is indeed true that the PBOC is not shrinking its balance sheet like the US Federal Reserve. Instead it has been trashing that balance sheet. Photo: Reuters
It is indeed true that the PBOC is not shrinking its balance sheet like the US Federal Reserve. Instead it has been trashing that balance sheet. Photo: Reuters
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Jake Van Der Kamp

Jake Van Der Kamp

Jake van der Kamp is a native of the Netherlands, a Canadian citizen, and a longtime Hong Kong resident. He started as a South China Morning Post business reporter in 1978, soon made a career change to investment analyst and returned to the newspaper in 1998 as a financial columnist.