© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
OPTIONS

Larger FX Option Pipeline

PIPELINE

UAE 2Pt Size Set: $1.75B

STIR

Huge SOFR Conversion Spd

GLOBAL POLITICAL RISK

Xi Treads Line Between Russia And West AT BRICS Summit

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

MNI BRIEF: China Should Provide Wider Support: Advisor

MNI (Sydney)
PolicyPBOCAPACChinaBriefStoryRegionCentral Bank
True

China should widen its level of support to more groups because those who are able to benefit from the current tax cuts and car purchase subsidies are not the groups most in need of a bailout, Yicai.com reported citing Huang Yiping, a former adviser to the People’s Bank of China.

China may consider issuing special treasury bonds to support the economic activities of the difficult groups, Huang was cited as saying. Some analysts expect Q3 may be an important window for launching the issuance of these bonds with an expected scale between CNY1-2 trillion, the newspaper said.

97 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

China should widen its level of support to more groups because those who are able to benefit from the current tax cuts and car purchase subsidies are not the groups most in need of a bailout, Yicai.com reported citing Huang Yiping, a former adviser to the People’s Bank of China.

China may consider issuing special treasury bonds to support the economic activities of the difficult groups, Huang was cited as saying. Some analysts expect Q3 may be an important window for launching the issuance of these bonds with an expected scale between CNY1-2 trillion, the newspaper said.