Central Bank Seen Fueling Old China as Banks Hold Key to Policy Success – Bloomberg
Wall Street Journal |
Central Bank Seen Fueling Old China as Banks Hold Key to Policy Success
Bloomberg China's central bank said its surprise move to cut interest rates for the first time since 2012 is designed to help small firms and protect depositors instead of all-out monetary easing. How the nation's lenders respond will determine if it works out that way. China's Surprise Rate Cut Signals Desperation, Bad News Ahead Property, manufacturing woes help trim China's shadow banking China ready to cut rates again on fears of deflation |
