Why China’s central bank is stepping into the shadows

China’s financial landscape is witnessing a dramatic reshuffle, with the People’s Bank of China (PBoC) subtly retreating into the shadows. This change marks a significant shift from the once-dominant role played by the central bank in China’s economic affairs. As Beijing recalibrates its growth model, the PBoC finds itself in a transformed environment, where its […] source: https://www.cryptopolitan.com/china-central-bank-stepping-into-the-shadows/