Another Show for the G20

China always puts on a show ahead of a major visit to a country (signing big trade deals just before or during a visit) and ahead of events like the G20 meetings.

Bloomberg: China Tweaks Monetary Stance as Zhou Flags Scope to Act
China’s central bank tweaked the description of its monetary policy stance to reflect a recent ramp-up in liquidity injections and moves to guide money market rates lower, with Governor Zhou Xiaochuan highlighting scope for further actions if needed.
"China still has some monetary policy space and multiple policy instruments to address possible downside risks," Zhou said at a conference in Shanghai, speaking hours before meeting his counterparts from the Group of 20 developed and emerging markets.

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