As Trade War Prolongs, China Pedals for Quantitative Easing
Posted on 01/28/2019
Among other measures to release more liquidity, the People’s Bank of China (PBOC) disclosed the formation of a bond swap facility in a move to deal with the combination of a broad-based slowdown in China’s economy and contentious trade war with the United States spurred by U.S. President Trump’s America First trade policy. The bond […]
