China

China Delivers Desperately Needed RRR Cut Amid Stock Slide, Liquidity Jitters, Tariff Worries

"The intensity of the move exceeded market expectations."

"The intensity of the move exceeded market expectations."
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4 comments on “China Delivers Desperately Needed RRR Cut Amid Stock Slide, Liquidity Jitters, Tariff Worries

  1. This move might be successful in bringing more debt to PBOC’s direct control without making that obvious to the public (unlike, say, QE), but the problem of keeping their export pipe flowing remains.

    The PBOC still can’t print USD or stop time. Having totalitarian control of ever-growing yuan debt can at best bring only small comfort as the world economy continues its struggle to evolve and gain traction.

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