The People’s Bank of China (PBOC) injected only around 430 billion yuan (US$66 billion) of liquidity into the market ahead of the Lunar New Year holiday, 750 billion yuan less than a year earlier. Photo: Reuters
The People’s Bank of China (PBOC) injected only around 430 billion yuan (US$66 billion) of liquidity into the market ahead of the Lunar New Year holiday, 750 billion yuan less than a year earlier. Photo: Reuters

China urges markets to focus on rates, not liquidity, to avoid ‘misunderstanding’ of monetary policies

  • China is poised to withdraw its 9 trillion yuan (US$1.4 trillion) stimulus rolled out last year to fight the coronavirus and help affected businesses
  • The US Federal Reserve and the European Central Bank, on the other hand, are continuing to signal monetary policy loosening

Topic |   China economy
The People’s Bank of China (PBOC) injected only around 430 billion yuan (US$66 billion) of liquidity into the market ahead of the Lunar New Year holiday, 750 billion yuan less than a year earlier. Photo: Reuters
The People’s Bank of China (PBOC) injected only around 430 billion yuan (US$66 billion) of liquidity into the market ahead of the Lunar New Year holiday, 750 billion yuan less than a year earlier. Photo: Reuters
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