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The Chinese economy has now hit a brick wall. Economic growth has dipped below 7pc for the first time in a quarter of a century, according to official data. That probably means the real economy is far weaker. The People’s Bank of China has pursued several measures to boost the flagging economy. The rate of […]
Posts Tagged ‘the People's Bank of China’
China Buys Treasury Debt
May 19th, 2015 
Peter Nolan China, meaning China’s central bank — the People’s Bank of China — started buying Treasury IOU’s again in March. It purchased $36 billion worth. It now holds over $1.2 trillion in Treasury IOU’s. China has now leaped ahead of Japan as the #1 foreign holder of U.S. government debt. Add Hong Kong to […]
Posted in Jewish News 
Tags: Central bank, china, Chinese central bank, the People's Bank of China 
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