Great summary. Looking forward on knowing your thoughts about the recent BIS decision under pressure from the US Treasury to withdraw from the mBridge CBDC project. Thankyou.
For the time being, we're more preoccupied with the Chinese central bank's quarterly monetary policy report - which also flags greater focus on targeted monetary policy.
Domestic analysts point out that further rate cuts are of moot utility give interbank borrowing costs are already so low,
We'll also be looking at how China has dealt with the issue of underreported NPLs.
Great summary. Looking forward on knowing your thoughts about the recent BIS decision under pressure from the US Treasury to withdraw from the mBridge CBDC project. Thankyou.
Thanks for the kind remarks and feedback.
We'll start to look into it.
For the time being, we're more preoccupied with the Chinese central bank's quarterly monetary policy report - which also flags greater focus on targeted monetary policy.
Domestic analysts point out that further rate cuts are of moot utility give interbank borrowing costs are already so low,
We'll also be looking at how China has dealt with the issue of underreported NPLs.