Loosening up? What China's latest policy tweaks mean for treasurers
While a cut to banks' reserve requirements should lower borrowing costs, a change to wealth management rules will do the opposite. It's all about getting borrowers away from so-called 'shadow banks'.
China's surprise decision to allow banks to lend more money takes effect today, but treasurers hoping this will lead to lower funding costs could find the effects short-lived, at best.
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