Expanding demand will become driving force for Chinese economy beijingbulletin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from beijingbulletin.com Daily Mail and Mail on Sunday newspapers.
As China’s financial framework continues to transition from sectoral regulation to functional regulation, it is clear that Beijing still wants to maintain a tight grip over the country’s financial system.
As markets go bang, iron ore whimpers macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.
Because of diminished appetite in the private sector to borrow and spend, the government needs to step in, said Richard Koo, chief economist at the Nomura.