Ongoing Discussions
Discussions are underway in Beijing amid rising economic and trade pressures. President Trump’s tariffs had also caused widespread market crashes, including causing Bitcoin (BTC) to fall below $75,000.
Source: Donald Trump
The development follows remarks by President Trump, who confirmed recent trade meetings between his team and Chinese officials. Speaking alongside Norway’s Prime Minister, Trump declined to name the participants but confirmed talks were ongoing.
PBOC Injects $82 Billion
The People’s Bank of China has injected 600 billion yuan ($82.3 billion) into the local economy, its largest injection since 2023. After adjusting for maturing loans, this results in a net increase of 500 billion yuan for April.
The PBOC said the measure aims to keep liquidity “ample,” especially as the government steps up special bond issuance. Analysts see it as a signal of continued monetary support amid rising U.S. tariffs and domestic funding needs.
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