Publisher

Federal Reserve System

Media Date

9-28-2014

Media Type

Document

Content Type

Email

Country/Region

China; United States

Language

English

Crisis

Chinese Stock Market Crash (2015-)

Intervention

Broad-Based Emergency Liquidity; Market Liquidity Program

Additional Information

A series of emails between Steven Kamin Director, Division of International Finance of the Federal Reserve Board and (1) Mr. Ma Jun Chief Economist, Research Bureau, PBOC and separately with (2) Xiangyan Song of the Peoples Bank of China Representative Office for the Americas (NYC). The emails begin on September 28, 2014, and conclude (due to time zones) with one dated July 27, 2015, from Mr. Song to Mr. Kamin. On July 2015, Mr. Song asks for assistance due to the 8.5% drop in China's stock market. Mr. Kamin provided information in an email dated the next day.

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