The People’s Bank of China has indicated its approval for trading treasury bonds on the secondary market, signalling more robust action to boost liquidity and fuel growth is no longer out of the question.
The Central Financial Commission has vowed to keep policies in line with international rules and avoid jarring turns in regulation in an attempt to reverse or mitigate 2023’s precipitous drops in stock value and foreign investment.
China’s minister of commerce has issued firm declarations of support for initiatives designed to boost economic activity, and against efforts to move investment elsewhere.
The call to break more digital barriers in China’s internet industry comes days before Tencent’s flagship video game, Honour of Kings, returns to the live-streaming platform of ByteDance-owned Douyin.