Glad Tidings For Chinese Bond Market As PBOC Cuts Repo Rate
The People's Bank of China (PBOC) recently lowered the seven-day reverse repurchase rate from 2.55% to 2.5%.
The People's Bank of China (PBOC) recently lowered the seven-day reverse repurchase rate from 2.55% to 2.5%.
Chief Strategist Jimmy Zhu discusses in this CGTN report why the US Treasury department’s decision to label China as a Forex manipulator is a symbolic move without much implication.