How Chinese “Stimulus” Is Widely Misunderstood | Brian McCarthy Urges Caution On The Chinese Stock Market Surge
Monetary Matters with Jack Farley
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China's Economic Challenges: Debt and Stimulus Strategies
This chapter explores the current state of China's economy, focusing on significant bank lending and the impact of monetary policies by the People's Bank of China. It addresses the issues of insufficient credit growth, 'zombie debt,' and the skepticism surrounding recent fiscal measures and growth targets set by the government. The discussion also critiques contrasting stimulus proposals and the potential effects of increased government borrowing amidst a slowing economic landscape.
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