Summary | Each year, the PBC sets a monetary aggregate (M2)
target.And this line will not be crossed any time soon.The
analogy of China's own version of QE also overstates the amount
of easing in China.Going forward, what could prompt the
government to ease more?The author is chief China economist at
UBS in Hong Kong., a total of 56 iffy platforms were exposed in ...
en.ce.cn | 10 May 2015