China Updates Its Monetary Toolkit
I’m Malcolm Scott, international economics enterprise editor in Sydney. Today we’re looking at China’s evolving monetary tool kit. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.
China is taking a step forward in its long-standing ambition to give markets more control in determining interest rates.