Super long bonds are coming~~
The main difference between the Chinese version of quantitative easing (QE) policy and beautiful QE is that the decision-making process is more efficient and direct, without going through congressional debates or facing the risk of a government shutdown.
The operation of this policy depends on decisive actions from the top.
With the announcement of super long bonds,
it marks the official launch of Chinese QE,
it is like opening the Pandora's box of the financial market,
heralding a new stage of monetary policy,
fund liquidity will be further injected,
and have a profound impact on the economy.
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