Inclusion of Interbank CD’s in Macro-prudential Assessments Will Have Limited Impact on Banks: PBOC

The Chinese central bank’s recent decision to include interbank certificates of deposit in its macro-prudential assessments (MPA’s) of lenders will not have a sizeable impact upon the banking system as a whole, according to one of its leading researchers.

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M2 Money Supply Extends Record Low Growth Run in July, PBOC Cautions Against Excessive Concern

Growth in China’s M2 money supply has sunk to another record-breaking low in July after succumbing to unprecedented weakness the previous month, with PBOC itself observing that its significance for the economy is on the wane.

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China’s Debt Fuelled Growth Imperils Mid-Term Health for Short-Term Gain: IMF

The International Monetary Fund has said that the Chinese government’s focus on shoring up short-term growth could be putting it on a “dangerous” path of continued stimulus and credit expansion that will imperil the economy’s longer term prospects.

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