China’s Tilt to Bonds From Loans Gives PBOC Broader Easing Tool
The increasingly large role of China’s bond market as a source of credit for the nation’s borrowers has offered the central bank an important channel for broad reductions in borrowing...
By Charlie Zhu, Yujing Liu, Jing Zhao · Bloomberg Markets
The increasingly large role of China’s bond market as a source of credit for the nation’s borrowers has offered the central bank an important channel for broad reductions in borrowing costs.