China Aims to Guide More Long-Term Foreign Investors into its Treasury Bonds

The breakdown of the Chinese property market exemplified by the Evergrande crisis coupled with the unknowns of the shadow banking debt rocked China in 2021. China has been responding to these vulnerabilities. A Ministry of Finance official on Wednesday pointed to changes in the Chinese treasury bond market. The official said China will issue a record amount of Treasury Bonds in 2022. The official added that China will guide overall interest rates lower for it’s Treasury Bond issuance in 2022. … Continue reading “China Aims to Guide More Long-Term Foreign Investors into its Treasury Bonds”

PBOC Chief Yi Gang Says China Has Ample Room To Expand Liquidity

People’s Bank of China Governor Yi Gang, who was Zhou Xiaochuan’s protégé. announced over the weekend that the PBOC has room to provide liquidity to the economy. Yi is a technocrat with over 20 years  experience at the PBoC and is not moved by outside parties calling for restraint.