CHINA ECONOMIC UPDATE: MARKET MOVEMENTS AND POLICY ACTIONS ON 1/2/2025
CHINA ECONOMIC UPDATE: MARKET MOVEMENTS AND POLICY ACTIONS ON 1/2/2025 China's Central Bank injects 24.8 billion yuan via 7-day reverse repos at 1.50%. 7-day repo rate drops by 42 basis points to 1.5647%. Caixin Manufacturing PMI for December at 50.5, below the