With all the economic news focus on the Federa Reserve and the Bank of Japan, it’s easy to miss where the most important monetary decisions will take place this year: It’s Beijing. Certainly, Fed Chairman Jerome Powell said on Wednesday July 31 that important decisions are coming. A rate cut in September is “on the …
Tag: POBC
The Rise of Chinese Stock Markets and the Risk of a New “Bubble”
The fact that the Chinese economy came out very quickly from the spread of the pandemic and in particular in the first three months of 2020, managing to revoke all the imposed measures of lockdown and social isolation, justifies as a point the ever-increasing expectations of investors to invest in China, despite the well-known pathologies …