π¨π³ PBOC repeats its easing pledge, but China's real rates say otherwise
The day in view
π¨π³ PBOC repeats its easing pledge, but China's real rates say otherwise
China's central bank reaffirmed a "moderately loose" stance on July 8 without any new rate or reserve-requirement cut, even as producer price deflation stretches past two and a half years and June trade data show imports outgrowing exports.