China gets serious about tightening, In conversation with Kevin Stiroh
Monday 12 April 2021 – Vol.12 Ed.15.1
Commentary: China gets serious about tightening
By Freya Beamish in London
The PBoC’s actions during the pandemic are not well understood, with its primary tools remaining largely hidden from public view. In fact, the first stage of tightening began in May last year. The likelihood of a continued upswing in real GDP growth this year, combined with the prospect that above-trend growth will...