MNI China Press Digest Jan 7: CPI, New Loans, Local Bonds

MNI: PBOC Net Drains CNY150.6 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1879 Tues; -2.42% Y/Y

MNI China Daily Summary: Monday, January 6

MNI INTERVIEW2: China Central Gov Should Buy Unsold Houses

MNI China Press Digest Jan 6: PBOC Bills, Yuan, Capital Market

MNI: AUSTRALIA NOV BUILDING APPROVALS -3.6% M/M, +3.2% Y/Y

MNI: AUSTRALIA DEC DWELLING APPROVALS -3.6% M/M

MNI: UK BRC DEC BY VALUE SHOP SALES LFL +3.1% YY, TOTAL +3.2% YY

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA PRESS: PBOC To Cut RRR, Interest Rates Timely

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

The People's Bank of China should cut the reserve requirement ratio and interest rates in a timely way and make good use of monetary tools including open market operations to maintain ample liquidity to continuously increase support for the real economy, wrote Han Wenxiu, deputy director of the Office of the Central Financial and Economic Affairs Commission in an article published by the party-run People's Daily. It's also necessary to maintain relatively fast credit growth and lower financing costs, while stablising the currency at an equilibrium level, said Han.

89 words

To read the full story

Close

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.

The People's Bank of China should cut the reserve requirement ratio and interest rates in a timely way and make good use of monetary tools including open market operations to maintain ample liquidity to continuously increase support for the real economy, wrote Han Wenxiu, deputy director of the Office of the Central Financial and Economic Affairs Commission in an article published by the party-run People's Daily. It's also necessary to maintain relatively fast credit growth and lower financing costs, while stablising the currency at an equilibrium level, said Han.