Published on Monday, May 22, 2017 | Updated on Sunday, May 13, 2018
Financial deleveraging: two steps forward; one step back
After months of persistent regulatory tightening in domestic financial markets, China’s authorities unexpectedly fine-tuned their stance of monetary prudence by injecting liquidity into the banking sector. We interpret the authorities’ strategy as “two steps forward one step back”. After the market stabilizes and absorbs their messages, they are set to leap forward again.
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Authors
Tomasa Rodrigo
Lead economist for Economic analysis with Big Data & AI
BBVA Research More information
BBVA Research More information
Topics
- Topic Tags
- Regional Analysis China
- Macroeconomic Analysis
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