China Central Bank Injects Liquidity, President Trump Calls Out

Posted on 05/14/2019

There is a record wave of defaults on Chinese corporate bonds. In the first 4 months of 2019, Chinese issuers defaulted on bonds with a total face value of 23.3 billion RMB, according to Caixin. The People’s Bank of China (PBOC), the country’s central bank, lent 200 billion RMB (US$ 29.12 billion) to financial institutions […]