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BREAKING: The World Isn't Ready for What Happened In CHINA
Unnerved by recent developments in financial markets and its economy, Chinese authorities unveiled a rash of new measures. To understand the degree of danger, we examine the proposals before keying on critical signals like repo and interbank conditions.
Eurodollar University's Money & Macro Analysis
PBOC statement
http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/5218615/index.html
Bloomberg China Weighs Stock Market Rescue Package Backed by $278 Billion
https://www.bloomberg.com/news/articles/2024-01-23/china-mulls-stock-market-rescue-package-backed-by-278-billion?fromMostRead=true…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.