Pantheon Macroeconomics

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23rd Sep 2021 00:00China+, Economic Monitor, Asia Key Issues

  • Evergrande's vague statement won’t cut it, but the PBoC is on the case, for now...
  • ...More will be needed from both parties, though, particularly with dollar debt default still looming.
  • BoJ green policy has potential, but it needs fiscal support to be realised.

bank banks boj bond debt demand developers dollar dollar debt funds government growth interbank interest payments intervention investment investments it liquidity loan loans market mlf negative rates pboc policy prices rates real estate remain rmb rrr rrr cut

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Keywords for: Evergrande and PBoC Scramble to Reassure, but Doubts Remain

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