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29min chapter
China Fights Its Doom Loop | Leland Miller on Mammoth Stimulus From People's Bank of China
Monetary Matters with Jack Farley
Stabilizing China's Economy: Balancing Risks and Strategies
This chapter explores the measures implemented by China's People's Bank to stabilize the economy, including interest rate cuts and reserve requirement adjustments. It emphasizes the underlying issues affecting borrowing activity and corporate confidence, along with the challenges posed by the real estate sector's bubble. The discussion also highlights shifting priorities in credit allocation towards manufacturing and technology, reflecting China's strategic response to its current economic landscape.
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Discover
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