Free Trial

The authorities should stabilise........>

CHINA PRESS
CHINA PRESS: The authorities should stabilise market expectations when the
ongoing deleveraging campaign goes deeper and more complicated, Economic
Information Daily reported on their front page on Monday. Corporate deleveraging
needs a benign environment considering firms in debt rely heavily on funding and
relevant guarantees, the report argued. Negative market expectations could
trigger panic in market players and heighten volatility, the report warned.
Comments: Corporate deleveraging is more complicated than financial deleveraging
because their long-term debts heavily depend on external support and funding.
The authorities need to guide market expectations properly, and conduct
deleveraging at a stable pace.

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.