U.S.-China Monetary Policy: Why is China’s PBOC Not Behaving Like the Fed?

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Recorded11 Jul 2024

Publisheranchor.fm ↗

Handlerec:5912462

Show notes

China’s central bank, PBOC, raised some rates by a few basis points in an economic slowdown, by promising to short the government bonds if its yield falls too much. This week on the China of Tomorrow podcast, Liqian Ren discusses why this unconventional policy was actually somewhat expected under China’s political set up.

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