Logo 28 Nov 2022

Deep dive | Successful stimulus: Beijing doubles down on policy banks investing capital in infrastructure

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Beijing has finally found a stimulus model that works – and it's doubling down. On November 16, the central bank (PBoC) said in its Q3 monetary policy report that as of end-October, China’s three policy banks had invested RMB 740 billion as capital in infrastructure projects.

That's well above the ...



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