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OPINION

Published 14:19 IST, July 2nd 2024

China bond intervention is only a short-term fix

The People’s Bank of China said on July 1 that it will start to borrow sovereign bonds from primary traders in the open market “in the near future”.

Reuters Breakingviews
Chan Ka Sing
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People's Bank of China
People's Bank of China | Image: X Photo
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14:19 IST, July 2nd 2024