While the markets debate China’s latest round of economic growth,national regulators are focusing on an equally important factor in the economy—financial cycles.In its latest quarterly monetary policy implementation...While the markets debate China’s latest round of economic growth,national regulators are focusing on an equally important factor in the economy—financial cycles.In its latest quarterly monetary policy implementation report,the People’s Bank of China(PBOC),the nation’s central bank,devoted a special column to this concept,describing it as an"increasingly significant issue"that should be handled with macroprudential approaches to prevent展开更多
文摘While the markets debate China’s latest round of economic growth,national regulators are focusing on an equally important factor in the economy—financial cycles.In its latest quarterly monetary policy implementation report,the People’s Bank of China(PBOC),the nation’s central bank,devoted a special column to this concept,describing it as an"increasingly significant issue"that should be handled with macroprudential approaches to prevent
