Recent statements by its top officials underlined the People’s Bank of China (PBOC) remains committed to supporting the real economy, analysts added. Photo: Reuters Recent statements by its top officials underlined the People’s Bank of China (PBOC) remains committed to supporting the real economy, analysts added. Photo: Reuters
Recent statements by its top officials underlined the People’s Bank of China (PBOC) remains committed to supporting the real economy, analysts added. Photo: Reuters
China economy

China’s moves to curb market speculation are not ‘abrupt’ exit from coronavirus stimulus

  • The People’s Bank of China (PBOC) offered 2 billion yuan (US$309 million) in new liquidity on Tuesday, a far lower amount than the market expected
  • This raised market speculation that it may have started a faster-than-expected reduction of coronavirus stimulus given forecasts for strong economic growth

Topic |   China economy
Recent statements by its top officials underlined the People’s Bank of China (PBOC) remains committed to supporting the real economy, analysts added. Photo: Reuters Recent statements by its top officials underlined the People’s Bank of China (PBOC) remains committed to supporting the real economy, analysts added. Photo: Reuters
Recent statements by its top officials underlined the People’s Bank of China (PBOC) remains committed to supporting the real economy, analysts added. Photo: Reuters
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