Categories Finance

PBoC says it will provide lending support to China state fund Huijin if needed

Earlier:

The People’s Bank of China is pledging lending for the sovereign wealth fund to buy equities. Put another way,the central bank is effectively providing direct support for the market. I wonder how this differs the Bank of Japan buying ETFs over the years?

This article was written by Eamonn Sheridan at www.forexlive.com.

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