It had the flavour of panic: Chinese financial institutions scrambled for short-term interbank loans last week before the People’s Bank of China released liquidity into the market. The episode highlights China’s conundrum in managing a financial system that has racked up debts too liberally yet remains in need of further liberalisation.
我们嗅到了一丝恐慌的味道:上周,manbetx3.0 金融机构竞相争夺短期银行间贷款。这一情景凸显出manbetx3.0 金融体系的管理困局——这个金融体系一方面肆无忌惮地积累了大量债务,另一方面却仍需进一步自由化。
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