China’s Economic Policy: Dodging Potholes, Ignoring Cliffs?

Heard on the Street

China’s Economic Policy: Dodging Potholes, Ignoring Cliffs?

China’s big monetary easing move, releasing over $100 billion in cash, is bound to generate jitters on debt and the yuan. The central bank has handled the current easing cycle well, so far, while leaving deeper problems largely unresolved.

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