SHANGHAI - China’s central bank cut the interest rate on its medium-term lending facility on Tuesday for the first time since early 2016, as policymakers work to prop up a slowing economy hit by weaker demand at home and abroad.
The PBOC said it had injected 400 billion yuan into financial institutions via the liquidity tool, slightly less than a batch of MLF loans worth 403.5 billion yuan due to mature on Tuesday. “Beijing will likely introduce more policy easing measures in coming quarters to stabilize market sentiment and bolster growth, but the space is much more limited than in previous easing cycles, especially with surging CPI inflation,” they said.
Global recession coming. You all are not buying or helping in the production of enough CO2 to keep the economy afloat
As a Marxist economy, China can only boost its economy artificially, in the absence of quantifiable growth. Once the State sponsored subsidies tighten, to the point of affecting bond rates, it's unlikely trade growth can resurrect the loan accreditation rate.