At some point, investors might conclude that Chinese authorities are simply toying with global markets.
On Monday (August 21), People’s Bank of China Governor Pan Gongsheng knew full well that punters everywhere were braced for major easing. A bold step seemed warranted as the property slump deepens, consumer spending craters, credit growth tumbles and deflation takes…
This story from asiatimes.com was posted on 2023-08-23 by @softsky.