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Can you cite the Chinese low interest rates? The BLR is 4.3% according to this[0] is there something else going on? [0] https://tradingeconomics.com/china/bank
by nwienert 8y ago
Can you cite the Chinese low interest rates? The BLR is 4.3% according to this[0] is there something else going on?
[0] https://tradingeconomics.com/china/bank-lending-rate https://tradingeconomics.com/china/bank-lending-rate
- jhayward 8y agoChina started to rein in the massive debt economy earlier this year. Current rates are not indicative of the past, and official rates don't reflect the enormous "shadow banking" industry that has been at the heart of the debt boom.[1] [1] https://www.ft.com/content/45bd8052-59dc-11e8-bdb7-f6677d2e1ce8 https://www.ft.com/content/45bd8052-59dc-11e8-bdb7-f6677d2e1...