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MNI Research
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: PBOC Pledges Support To SMEs As Pandemic Cools Econ
The People's Bank of China will increase support for the economy in the face of slower growth from pandemic conditions, especially small and medium enterprises in areas of the economy hit hard by current conditions.
The PBOC "will step up prudent monetary policy's support to the real economy, especially for industries and small business hit hard by the pandemic," according to a statement released on Tuesday. Recent financial market volatility is driven by investor expectations and sentiment, but China’s economic fundamentals are sound with great growth potential, the PBOC added.
The PBOC repeated it will keep liquidity ample amid current market conditions, which saw share markets drop sharply on Monday.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.