Hands off China's stimulus tap

Despite the Chinese central bank's moves to free up capital for lending, massive monetary stimulus is unlikely as authorities work to avoid a property spike and rising inflation.

China’s central bank will be reluctant to launch a massive monetary stimulus despite the looming threat from the eurozone debt crisis, a former senior official has warned.

China’s former banking regulator, Liu Mingkang, told a conference on Friday that Chinese authorities were unlikely to pressure banks to boost their lending in order to cushion the world’s second largest economy from plunging global demand.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles