China Using Overnight Reverse Repos to Guide Policy Rates, Zhu Ning Says

China is using overnight reverse repos to help guide policy rates and ease spikes in funding stress, said Zhu Ning, a finance professor at the Shanghai Advanced Institute of Finance. According to Bloomberg, Zhu also said China’s credit slowdown is not necessarily negative as the country shifts its growth model, speaking with Minmin Low on the sidelines of the Lujiazui Forum in Shanghai.