China seeks financial advice from Europe to stop economic headache from escalating

As China’s post-pandemic recovery falters and deflationary signals deepen, the People’s Bank of China (PBoC) has begun quietly seeking guidance from European financial institutions on how to navigate a prolonged period of low interest rates. According to reports, China’s central bank made “ad hoc” requests to at least two major European banks earlier this year, […] source: https://www.cryptopolitan.com/china-seeks-financial-advice-from-europe/