News Snapshot:
Beijing “Unexpectedly†Injects $30 Billion Into Financial System, Sparking Doubts About True State Of China’s Economy Beijing “Unexpectedly†Injects $30 Billion Into Financial System, Sparking Doubts About True State Of China’s Economy Tyler Durden Mon, 11/30/2020 – 19:30 Back in late 2019, we were frequently greeted by headlines such as this, indicating that PBOC was periodically making “ unexpected†liquidity injections, which made sense in light of China’s ongoing economic slowdown: … and: Fast forward one year, when China’s economy is supposedly growing at a blistering pace thanks the massive credit injections following the covid pandemic – or so Beijing...