{"id":866421,"date":"2026-04-02T05:35:11","date_gmt":"2026-04-02T05:35:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/866421\/"},"modified":"2026-04-02T05:35:11","modified_gmt":"2026-04-02T05:35:11","slug":"china-drains-cash-from-economy-in-rare-pullback-during-oil-shock","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/866421\/","title":{"rendered":"China Drains Cash From Economy in Rare Pullback During Oil Shock"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">China\u2019s central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its policy options open as higher oil prices filter through the economy.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">The People\u2019s Bank of China drained a total of 890 billion yuan ($129 billion) worth of liquidity via short-term open market operations in March and soaked up another 250 billion yuan through longer-term tools including <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-28\/pboc-adds-outright-reverse-repo-to-monetary-policy-toolbox\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">outright reverse repurchase agreements<\/a> and medium-term lending facility. <\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s central bank withdrew cash from its financial system for the first time in a year, a cautious&hellip;\n","protected":false},"author":2,"featured_media":866422,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3090],"tags":[246198,51,1395,246197,1700,58028,476,246196,478,774,2441,17436,16,15,771],"class_list":["post-866421","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bank-of-china-ltd-h","tag-business","tag-china","tag-china-renminbi-spot","tag-economy","tag-generic-1st-cl-future","tag-inflation","tag-interbank-market","tag-interest-rates","tag-iran","tag-markets","tag-monetary-policy","tag-uk","tag-united-kingdom","tag-war"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116333492625160660","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/866421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=866421"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/866421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/866422"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=866421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=866421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=866421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}