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’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

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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