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China's central bank faces new mandate and party control amid economic challenges /
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2024-05-26 23:53:00

China's central bank faces new mandate and party control amid economic challenges on Nostr: 'Asset famine' in China hampers central bank's bond trading plans =============== ...

'Asset famine' in China hampers central bank's bond trading plans
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#5e10b1c6 ver:0.15

China's central bank faces challenges in improving its monetary policy toolkit due to a scarcity of low-risk assets, hindering efforts to deepen the bond market. As China aims to become a financial superpower, the central bank will prioritize financial security and control, but concerns arise about diminished autonomy and increased party dependence. The proposed revision to the central bank's law reflects a departure from Western standards, focusing on growth and avoiding sanctions. The Politburo pledges more support for the economy to ensure stable growth and prevent major risks. #China #CentralBank #Economy...

#newstr #China #CentralBank #BondMarket #MonetaryPolicy #Liquidity

https://here.news/story/5e10b1c6?ver=0.15
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