By Kevin Yao and Samuel Shen BEIJING/SHANGHAI (Reuters) - A scarcity of low-risk assets in China s financial sector is obstructing the central bank s .
Analysis-'Asset Famine' in China Curbs Central Bank's Bond Trading Ambitions usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
A scarcity of low-risk assets in China's financial industry is impeding the central bank's plans to expand its monetary policy arsenal by returning to the government bond market after a 17-year absence. Following a mandate from President Xi Jinping's speech in October 2023, the People's Bank of China (PBOC) has committed to restoring treasury bond trading to fix its increasingly weak monetary policy transmission mechanisms.
Saudi and Chinese top officials are holding joint meetings in Beijing focused on fostering international economic growth.The sessions, which are slated
China sovereign wealth fund targets Japan's lesser-known brands biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.