# low-altitude infrastructure

PBOC Sticks to ‘Moderate Ease’ as Liquidity Fuels Market Rally and a Memory-Price Surge

China’s central bank has reiterated a ‘moderately loose’ stance, with room to cut reserve requirements and interest rates, underpinning a surge in liquidity that is lifting markets and prompting renewed investment in sectors from memory chips to low‑altitude communications. The policy posture is encouraging private fund growth and corporate capital raising, but it also raises the prospect of speculative excess that regulators are already monitoring.