PBOC Pledges to Use Policy ‘Comprehensively’ as Trade War Sparks Sell-Off

The transcript discusses the People's Bank of China's (PBOC) recent actions to inject liquidity into the financial system and guide investors to remain rational amid internal and external pressures. These pressures include upcoming bank repayments, corporate bond defaults, and escalating trade tensions with the US. The PBOC aims to stabilize the market by signaling its readiness to support and using various monetary policy tools. Analysts suggest that China may need to slow its deleveraging efforts to avoid economic slowdown due to trade conflicts. The PBOC's messaging in the media emphasizes market stability and sound economic fundamentals.

What impact do analysts believe trade conflicts will have on China's deleveraging campaign?

Evaluate responses using AI:

OFF

What is the sentiment regarding China's market fundamentals as mentioned in the state-run media?

Evaluate responses using AI:

OFF