Summary | Zhou Xiaochuan can forget a next year. At what cost?
But Zhou's moves could just as easily fuel another dangerous
asset bubble alongside real estate. His surprise rate cut last
month got the world's attention. But the haphazard way the was
rolled out caused panic in markets. All governments - and their
central banks - are driven by domestic considerations first. ...
But Zhou's moves could just as easily fuel another dangerous
asset bubble alongside real estate. His surprise rate cut last
month got the world's attention. But the haphazard way the was
rolled out caused panic in markets. All governments - and their
central banks - are driven by domestic considerations first. ...
scmp.com | 16 December 2014