CHINA ECONOMIC UPDATES: MONETARY POLICY ACTIONS AND PLANS FOR 2025
CHINA ECONOMIC UPDATES: MONETARY POLICY ACTIONS AND PLANS FOR 2025
China fixes the yuan exchange rate at a range of 7.3100 to 7.3248 in a survey.
People's Bank of China injects 19.3 billion yuan via 7-day reverse repos at a 1.5% rate.
China central bank drains 289.2 billion yuan in net through open market operations for the week.
China's 10-year bond yield drops below 1.6% for the first time in history.
China plans to increase issuance of special treasury bonds with longer maturities in 2025.
China issues special bonds to support trade-in programs and projects, expanding subsidies to include smartphones and electronics.
China sees steady growth in its consumption market.
