July 15, 2024 BY Elizabeth Anderson
Institutions Grabbing Government Bonds Are Hobbling Chinese Economy
According to Reuters information, a report to this effect appeared in Financial News, a publication known to be supported by the People’s Bank of China (PBOC), China’s monetary policymaker. This comes after the PBOC raised the alarm and took steps to sell treasury bonds in an attempt to stymie the ongoing rally. On Friday 12…
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