Economics Daily

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.