Caixin
Oct 25, 2018 06:42 AM
FINANCE

Central Bank to Provide $1.4 Billion to Support Bond Market

The central bank is stepping up financing support for private companies. Photo:VCG
The central bank is stepping up financing support for private companies. Photo:VCG

* In addition, China’s securities regulator is working on launching exchange-traded credit risk mitigation tools

* But the market has doubts about how much the credit risk mitigation tools could bolster corporate bonds

China is stepping up stimulus measures as fears of slowing growth in the world’s second-largest economy put pressure on domestic and global stock markets.

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