Via Morgan Stanley: Bottom line: The latest National Financial Work Conference, chaired by President Xi, confirms continued policy focus on reining in leverage and financial risks, including a pledge to continue with economic deleveraging (particularly in SOEs), and establishing a Financial Stability Development Committee to enhance policy coordination and close regulatory loopholes. We think it
The post More on China’s hawkish turn appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]