Monthly Archives For August 2019

China Smiles and Waits as World Cuts Rates

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(Bloomberg Opinion) — China’s state-driven economic model has created many problems. Monetary policy isn’t one of them. With the U.S. Federal Reserve cutting rates this week and the European Central … ( read original story…

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China Bond Defaults Rebound Further in July

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Risk appetite in China’s local bond market took a hit … Small and medium-sized banks and non-bank financial institutions are cutting their holdings of lower-rated credit bonds after regulators … ( read original story …)

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