The central bank did not conduct a withdrawal or injection of funds in November after adding a net 460 billion yuan (US$67.21 billion) in October. Photo: Jason LeeThe central bank did not conduct a withdrawal or injection of funds in November after adding a net 460 billion yuan (US$67.21 billion) in October. Photo: Jason Lee
The central bank did not conduct a withdrawal or injection of funds in November after adding a net 460 billion yuan (US$67.21 billion) in October. Photo: Jason Lee

China central bank’s dilemma: the extra cash it’s giving banks is not reaching the real economy

  • China’s central bank was forced in November to take money out of the banking system because banks are not using the cash to boost lending
  • The PBOC is still trying to loosen its monetary policy to boost economic growth

Topic |   China economy
The central bank did not conduct a withdrawal or injection of funds in November after adding a net 460 billion yuan (US$67.21 billion) in October. Photo: Jason LeeThe central bank did not conduct a withdrawal or injection of funds in November after adding a net 460 billion yuan (US$67.21 billion) in October. Photo: Jason Lee
The central bank did not conduct a withdrawal or injection of funds in November after adding a net 460 billion yuan (US$67.21 billion) in October. Photo: Jason Lee
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