Bo Zhuang

Chief Economist and Director, China Research
+86 10 5960 3315

How can we help?

To learn more about our services get in touch on +44 20 7246 7800 or sales@trustedsources.co.uk.

Recent China research

* China Watch: Strong global growth a tailwind for China's deleveraging, Michelle Lam, Trey McArver, Larry Brainard, 14 Dec 2017
* China Watch: Outlook for 2018, Larry Brainard, Trey McArver, Michelle Lam, 7 Dec 2017
* China Perspective: North Korea scores, US stuck, Jonathan Fenby, 1 Dec 2017
* China Watch: The profit cycle – still some way to go, Michelle Lam, Trey McArver, Larry Brainard, 30 Nov 2017
* China Watch: China’s road to an automotive superpower, Michelle Lam, Trey McArver, Larry Brainard, Kingsmill Bond, 23 Nov 2017

See all our China research >>

What is China’s true monetary policy goal?

Overview

China’s overall credit growth began to pick up in May last year and peaked at the end of Q1/16. But total social financing (TSF) and bank loans both took a sharp dive in April. Moreover, market concern about whether Chinese policymakers have reversed the easing bias of monetary policy was fuelled by the publication in early May of an article by an “authoritative person” in the People’s Daily (see our 13 May 2016 report Brace for uncertainty as court politics play out) Both money...

* Access to this publication is restricted

Request access

If you would like to read this publication, please enter your name and email address below:

Alternatively please call us on +44 20 7183 5280, or email sales@trustedsources.co.uk.

Already registered?