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Standby Letters of Credit

With a comprehensive understanding of China’s trade and investment policies, as well as a large network of global branches and partnerships with other Chinese banks, BOC U.S.A. offers a unique service, enabling us to better serve our clients’ needs and global expansion strategies.



In August 2020, the Federal Reserve released its “Statement on Longer-Run Goals and Monetary Policy Strategy,” which established a new framework for its interest rate policy. 
The Federal Reserve has made QE (quantitative easing) a conventional policy tool and is trying to monetize both government debt and Federal fiscal policy.
Since the start of the financial turmoil caused by the COVID-19 outbreak, the Fed has done everything within its power  to support the U.S. economy, and the effects are beginning to show - easing liquidity pressures and calming financial market turmoil.
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