CHINA PBOC CUTS RATES, INJECTS LIQUIDITY
• PBoC lowers structural tool rates 0.25% effective January 19, 2026; net injections top CNY200B+
• Expands quotas for tech/private lending; counters US tightening cycle amid 2025 slowdown
• Global liquidity boost supports gold/silver rally; emerging market flows eye crypto rotation 👀
per CGTN, China Daily