By bno – Taipei Office In a bold move to support its struggling economy, China’s central bank has introduced a substantial liquidity initiative, opening a $71bn “swap facility” aimed at enabling firms to purchase stocks. This announcement, made on October 10, follows a series of measures intended to rejuvenate the economy, which has faced ongoing challenges since the lifting of Covid-19 restrictions, as reported by The Inquirer. The recent stimulus package, unveiled last month, included interest rate cuts and relaxed home-buying regulations, as authorities sought to rekindle growth amid persis…