Econ and Finance - 16 Mar 2022

Playing it cool

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The world is on fire, but the central bank (PBoC) is playing it cool – for now.

On Tuesday, the PBoC injected a net RMB 100 billion worth of funds into the banks via the one-year medium-term lending facility (MLF) (Caixin).

That’s not an insignificant amount.

But the move the Chinese press...

Snuh-ohez.

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