alert_serviceYour space user_add New user

Forgot your password?
Stay logged in to leave
Publication date
img_publication Watch

Financial deleveraging: two steps forward; one step back

By , ,

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.

Send your comment
Send your comment