Buildings are reflected in a glass panel at the top of the Beijing Olympic Tower on August 25. China, whose slowing economy was one of the main sources of volatility before the virus struck, is now a stabilising force for asset prices. Photo: AFPBuildings are reflected in a glass panel at the top of the Beijing Olympic Tower on August 25. China, whose slowing economy was one of the main sources of volatility before the virus struck, is now a stabilising force for asset prices. Photo: AFP
Buildings are reflected in a glass panel at the top of the Beijing Olympic Tower on August 25. China, whose slowing economy was one of the main sources of volatility before the virus struck, is now a stabilising force for asset prices. Photo: AFP
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Why China deserves more credit for recovery in global markets

  • Beijing has largely eschewed the Western playbook of monetary easing and relied on the banks instead to increase liquidity. Its efforts support a rebound in industrial activity that is stabilising the commodities markets and shoring up asset prices

Buildings are reflected in a glass panel at the top of the Beijing Olympic Tower on August 25. China, whose slowing economy was one of the main sources of volatility before the virus struck, is now a stabilising force for asset prices. Photo: AFPBuildings are reflected in a glass panel at the top of the Beijing Olympic Tower on August 25. China, whose slowing economy was one of the main sources of volatility before the virus struck, is now a stabilising force for asset prices. Photo: AFP
Buildings are reflected in a glass panel at the top of the Beijing Olympic Tower on August 25. China, whose slowing economy was one of the main sources of volatility before the virus struck, is now a stabilising force for asset prices. Photo: AFP
READ FULL ARTICLE
Close
We need your support

Advertising helps us continue to provide quality content. Help support us by disabling your adblocker on our site.

How to whitelist us:
  1. 1
    Click on the AdBlock icon at the top right corner of your browser.
    For iOS, go to Settings/Safari/Content Blockers and turn it off.

    For Android, go to your Ad blocker app/Settings and turn it off.
  2. 2
    Click Enabled on this site until the text reads Disabled on this site.
  3. 2
    Click the cross icon on the top right corner to close this window and refresh the page.
  4. 3
    Click the cross icon on the top right corner to close this window and refresh the page.