China's central bank buys $27.8 billion in bonds to maintain economic stability.

The People's Bank of China purchased 200 billion yuan ($27.8 billion) in government bonds in November, continuing a series of purchases aimed at maintaining liquidity and supporting economic stability. These actions follow similar bond purchases in August, September, and October. The central bank's efforts are part of its strategy to foster stable economic growth and counteract potential economic challenges.

November 29, 2024
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