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  • Beijing Review

    Using Monetary Tools to Channel Funds Into the Real Economy

    Jun 18, 2020 2 minutes
    Copyedited by Madhusudan Chaubey

    China’s central bank introduced two new monetary policy instruments in June to directly channel funds into the real economy, another sign that the country will not resort to quantitative easing.

    The People’s Bank of China (PBC) said it would use 400 billion yuan ($56.37 billion)

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