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The People's Bank of China (PBoC) has taken numerous measures to cushion the impacts of the COVID-19 health crisis on … pricing signals, we employ a dynamic-factor modeling approach to derive an indicator of China's monetary policy stance. Our … underlying unobserved component. We use the derived indicator to trace the response of the PBoC to the coronavirus pandemic. The …
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China during 2020. We find that a country's own Covid-19 deaths and lockdowns significantly reduced its imports from China …-19 deaths in the main trading partners of a country (excluding China) induces more imports from China, partially … are evaluated at their 2020 mean is, on average, a reduction of nearly 10% in imports from China. There is also …
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