China's Central Bank Sheds Light on How Much State Spending Matters
- Central bank is flagging government spending as liquidity spur
- China is seeking a ‘neither tight nor loose’ monetary stance
A man rides a bicycle past the People's Bank of China (PBOC) headquarters in Beijing, China, on Thursday, March 9, 2017. China's central bank plans to apply a stricter method for assessing banks' capital as part of efforts to contain financial-sector risks, people with knowledge of the matter said.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
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China’s central bank is offering investors an unprecedented running commentary on how it deals with one of the most unpredictable actors in the market: the government.