Free Trial

MNI INTERVIEW: PBOC Rate Cuts Needed As Leverage Set To Rise

CHINA

The People’s Bank of China should cut its policy rates to lower the cost of new government borrowing needed to fund additional spending, with an increase in China’s macro-leverage ratio justified by the need to support annual GDP growth of 5-5.5% in 2023, a senior policy adviser told MNI -- on MNI Policy MainWire now, for more details please contact sales@marketnews.com.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.