On February 18th, China cut its Reserve Requirement Ratio by 0.5% to 20.5% in an effort to boost liquidity amid a declining economic growth outlook. In this week’s Business Monitor Podcast, Stuart Allsopp, Head of Asia Country Risk, discusses with Andrew Wood the hard landing scenario that looks to be unfolding in China, as well as whether or not the government will be able to engineer a recovery similar to what we saw in 2009.
↧