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China’s Central Bank Buys $56.3 Billion in Special Government Bonds Amid Debt Crisis

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02 September 2024
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A bank employee counts 100-yuan notes at a bank counter in Nantong, in China's eastern Jiangsu Province, on June 13, 2023. (STR/AFP via Getty Images)China’s central bank, the People’s Bank of China (PBOC), said that it purchased 400 billion yuan ($56.3 billion) in special government bonds from primary dealers, a move that economists say reflects the challenges faced by the communist regime, as investors

Read more https://www.theepochtimes.com/china/chinas-central-bank-buys-56-3-billion-in-special-government-bonds-amid-debt-crisis-5716475

  • Previous Article Former Taiwanese Presidential Candidate Released After Being Questioned in Graft Probe
  • Next Article Rights Advocates in Philadelphia Rally Against Forced Organ Harvesting in China

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