Beijing has made “deleveraging” the economy a major task for the year, stepping up efforts to reduce interbank liquidity via open market operations. PHOTO: Bloomberg Beijing has made “deleveraging” the economy a major task for the year, stepping up efforts to reduce interbank liquidity via open market operations. PHOTO: Bloomberg
Beijing has made “deleveraging” the economy a major task for the year, stepping up efforts to reduce interbank liquidity via open market operations. PHOTO: Bloomberg
Xie Yu
Opinion

Opinion

Across The Border by Xie Yu

China’s credit tightening is slowing economic growth but for how long?

The economy faces a turning point as Bejing puts “deleveraging” ahead of immediate growth. More downward pressures are ahead as the impact brought by rising funding costs takes effect, economists say

Beijing has made “deleveraging” the economy a major task for the year, stepping up efforts to reduce interbank liquidity via open market operations. PHOTO: Bloomberg Beijing has made “deleveraging” the economy a major task for the year, stepping up efforts to reduce interbank liquidity via open market operations. PHOTO: Bloomberg
Beijing has made “deleveraging” the economy a major task for the year, stepping up efforts to reduce interbank liquidity via open market operations. PHOTO: Bloomberg
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Xie Yu

Xie Yu

Xie Yu worked at the Post from 2015 until 2019. She was the chief China finance reporter, covering the economy and development of financial markets.