A man carries a child in front of China’s central bank in Beijing on January 20. The cautionary mood in the market makes sense when underlying demand from the private sector remains subdued. Photo: AP
Opinion
Opinion
Macroscope
Will China’s latest monetary policy easing reinvigorate the economy? Markets remain wary
- While January data suggests policy easing has prompted a rise in bank lending, the figures are distorted by a tendency to issue loans at the start of the year
- As for the rest of 2022, concerns remain about the overall policy direction following last year’s regulatory crackdown
A man carries a child in front of China’s central bank in Beijing on January 20. The cautionary mood in the market makes sense when underlying demand from the private sector remains subdued. Photo: AP
