Market Talk – January 5, 2024
January 5, 2024ASIA: China’s central bank is likely to expand the pledged supplementary lending (PSL) tool further to support the struggling property sector. This follows a recent injection of 350 billion yuan ($49.1 billion) through PSL, aimed at catalyzing investments in real estate, boosting credit expansion, and driving first-quarter economic growth. The People’s Bank of China extended […]