Backdrop to China’s sharp slowdown is credit growth that stubbornly refuses to accelerate, despite policy tweaks (such as reduction of banks’ reserve requirements) & jawboning from the authorities. Growth in total social financing (TSF) remains flat & slow
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RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…