China’s Central Bank Gives Wide Support over Coronavirus, Western Interest Rates, and OBOR

Posted on 02/12/2020

Market support is one of the key themes for early 2020. The People’s Bank of China (PBOC) set aside US$ 174 billion to inject into the financial markets through reverse repo operations as its stock market opened the week of February 3rd, 2020. The market still fell 7.72% on the first day of trading since […]