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China Suspends QE To Reverse Crashing Yields, As Stocks Enter Bear Market
China Suspends QE To Reverse Crashing Yields, As Stocks Enter Bear Market One is free to call the bond purchases by the Chinese central bank "QE" or "not QE" (similar to the charade the Fed tried to pass back in 2019 in the US), but the end result is the same: the central bank is buying bonds, injecting liquidity in the system and depressing the currency in the process while effectively deflating the economy. Or, as the case may be, it no longer is now that China's roving gangs of m
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