China Drains Cash From Economy in Rare Pullback During Oil Shock
China’s central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its policy options open as higher oil prices filter...
By Charlie Zhu, Yujing Liu, Jing Zhao · Bloomberg Markets
China’s central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its policy options open as higher oil prices filter through the economy.