Press "Enter" to skip to content

Chinese economists are having a big debate – Should PBOC buy government bonds?

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

Chinese economists are having a heated debate about whether the country should resort to the so-called "monetisation of fiscal deficits". Some say it will create more room for fiscal policy in the current difficult situation, while others warn that it could bring more financial risks and place the government outside of market discipline.

The "monetization of fiscal deficits" refers to an approach that a government borrow directly from the country's central bank, or put it . . .

To continue reading, please subscribe. You will get

  • ORIGINAL & IN-DEPTH reporting about key trends in China's economy and financial markets
  • THE WIRE 7*24 - up-to-the-minute updates, with details and data you won't find elsewhere. 
  • DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.
  • QUALITY MATTERS. We provide quality information to help intelligent and professional readers make informed decisions. 

 

FREE TRIAL FOR A WEEK cancel anytime

GRAB THE MID-YEAR SPECIAL OFFER !

SUBSCRIBE AT $0.5 A DAY! 

 

Contact us for group subscriptions: contact@yuantalks.com

We highly value independence. We are solely funded by subscriptions from intelligent readers like you. Not ready for our full service? Try Free Weekly Newsletter first.

 

Already have an account? Sign In

Top