The PBoC is studying ways to overhaul its monetary policy tools, including the potential to buy and sell government bonds in the secondary market. Quantitative easing appears unlikely.
What is covered in the Full Insight:
Introduction
Central Bank Policy Tools: An East-West Divide
PBoC to Buy and Sell Government Bonds?
Closer Inspection of China's Government Bond Market
PBoC Policy Conduct: Aiming for a Streamlined Approach?
SUMMARY
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