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Relaxations of home buying restrictions in Shanghai and Guangzhou, Guangdong province, point to broader easing across China's largest cities soon and potentially a full removal of such barriers, experts said on Tuesday.
New media exhibit from the Carl & Marilynn Thoma Foundation, 2/19-6/2 (reception 5:30-7:30 pm, 4/11, with discussion by artists Jason Salavon and Claudia Hart with Stephen Hilyard; RSVP).
New media exhibit from the Carl & Marilynn Thoma Foundation, 2/19-6/2.
China's central bank faces a major hurdle in quelling the threat of deflation: more credit is flowing to productive forces than into consumption, exposing structural flaws in the economy and reducing the effectiveness of its monetary policy tools. The People's Bank of China (PBOC) is under pressure to cut interest rates as falling prices raise real borrowing costs for private businesses and households, curbing investment, hiring and consumer spending.
China's central bank faces a major hurdle in quelling the threat of deflation: more credit is flowing to productive forces than into consumption, exposing structural flaws in the economy and reducing... -January 10, 2024 at 01:00 am EST - MarketScreener