Pushing on a string: The failure of Chinese stimulus
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
Exec sum:
Low interest rates and easy access to credit have failed to boost growth because firms and households aren’t willing to borrow.
As of the end of June, three new relending quotas launched two months earlier, designed to provide cheap credit to key parts of the economy, had not been tapped ...