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U.S.-China Monetary Policy: Why is China’s PBOC Not Behaving Like the Fed?

EPISODE · Jul 11, 2024 · 12 MIN

U.S.-China Monetary Policy: Why is China’s PBOC Not Behaving Like the Fed?

from China of Tomorrow · host China of Tomorrow by WisdomTree Asset Management

China’s central bank, PBOC, raised some rates by a few basis points in an economic slowdown, by promising to short the government bonds if its yield falls too much. This week on the China of Tomorrow podcast, Liqian Ren discusses why this unconventional policy was actually somewhat expected under China’s political set up.

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U.S.-China Monetary Policy: Why is China’s PBOC Not Behaving Like the Fed?

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