Xi’s Instructing Central Bank to Restart Treasury-Bond Trade Will Lead to Ruling Crisis: Economist
Chinese central bank’s intervention in the state bonds would lead to hyperinflation
A pedestrian walks past the People's Bank of China, also know as the China's Central Bank, in central Beijing, on Aug. 9, 2007. Teh Eng-koon/AFP via Getty Images
A Taiwan-based economist says the Chinese leader’s instruction to the central bank to resume trading treasury bonds is tantamount to printing more money to address the ongoing economic predicament, which will lead to a ruling crisis for the Chinese Communist Party (CCP).
Jessica Mao is a writer for The Epoch Times with a focus on China-related topics. She began writing for the Chinese-language edition in 2009.
