A deserted commercial area in Beijing as Covid-19 restrictions are implemented. Photo: Bloomberg
A deserted commercial area in Beijing as Covid-19 restrictions are implemented. Photo: Bloomberg

China’s monetary policy could ease further in 2023, analysts say, after central bank cuts reserve ratio

  • Need for healthy growth amid fears of a global recession rules out restrictive monetary policy for China, noted economist says
  • Latest central bank move to boost liquidity aimed at financial institutions seeking to buy local government bonds, says Shanghai professor

A deserted commercial area in Beijing as Covid-19 restrictions are implemented. Photo: Bloomberg
A deserted commercial area in Beijing as Covid-19 restrictions are implemented. Photo: Bloomberg
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