China NewsChina Business & Economy

Beijing’s Loose Monetary Policy Fails to Boost China’s Economy

Save
Beijing’s Loose Monetary Policy Fails to Boost China’s Economy
A Chinese yuan currency sign with two arrows is pictured outside a bank branch of the People’s Bank of China, in Shanghai, on Aug. 13, 2015. Johannes Eisele/AFP via Getty Images
David Chu
Updated:
0:00
News Analysis

The People’s Bank of China (PBOC) recently published that the amount of private financing declined in December 2022, which is lower than market predictions.

David Chu
David Chu
Author
David Chu is a London-based journalist who has been working in the financial sector for almost 30 years in major cities in China and abroad, including South Korea, Thailand, and other Southeast Asian countries. He was born in a family specializing in Traditional Chinese Medicine and has a background in ancient Chinese literature.
Related Topics