China’s central bank may have done just enough to stave off a worsening of one of the more worrying financial-market signals of economic distress – but only for now. Fears of a balance-sheet recession, marked by paying down debt instead of spending, have risen of late as yields on government debt...
https://www.hellenicshippingnews.com/china-bond-intervention-is-only-a-short-term-fix/