PBOC Chief Unfazed by Credit Slump as Era of Surging Loans Ends
China’s central bank governor signaled a long period of massive credit growth has come to an end, in what amounted to a message of reassurance for markets after an abrupt deceleration in lending as the economy loses its appetite for borrowing.
China’s central bank governor signaled a long period of massive credit growth has come to an end, in what amounted to a message of reassurance for markets after an abrupt deceleration in lending as the economy loses its appetite for borrowing.
