Economic slowdown in China prompts rate cuts and increased SME funding
Beijing has made two rate cuts in lending over the last month to boost economic growth, but this is not enough to stimulate the economy. July 16, 2012 | Baron LaudermilkRecent changes to boost the lagging economy Last week’s cut in lending rates comes a month after PBoC lowered the benchmark one-year lending rate by 31 points. How serious is the slowdown of China’s economy? Please login to read the complete article. If you already have an account, you can login now or subscribe/register.
Categories: Capital & Strategic Issues, China, Government Finance, SME BankingCapital & Strategic Issues,China,Government Finance,SME Banking, Capital & Strategic Issues,China,Government Finance,SME Banking, , Capital Marketscapital, Capital Markets, Keywords:PBoC, Patrick Chovanec, The Export-Import Bank Of China, Wang Jianye, DBS, Chris Leung, Alicia Garcia, BBVA, IMF, Lending Rates PBoC, Patrick Chovanec, The Export-Import Bank of China, Wang Jianye, DBS, Chris Leung, Alicia Garcia, BBVA, IMF, Lending Rates
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