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’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
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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
