China Readies Fresh Easing to Tackle Specter of Debt - WSJ

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BĚİJİŇĢ—Čħįňǻ’ș čěňțřǻŀ bǻňķ įș řěǻđỳįňģ įțș mǿșț ǻģģřěșșįvě ěǻșįňģ țǿǿŀ șįňčě įț ŀǻųňčħěđ ǻ mǻșșįvě șțįmųŀųș pŀǻň įň 2008 țǿ čǿųňțěř țħě ģŀǿbǻŀ fįňǻňčįǻŀ čřįșįș, įň ǻ bįđ țǿ ħěŀp ǿňě ǿf țħě ģǿvěřňměňț’ș mǿșț įmpǿřțǻňț ěčǿňǿmįč-řěșčųě įňįțįǻțįvěș ģěț ǿff țħě ģřǿųňđ. Čħįňěșě ŀěǻđěřș ħǻvě șįňģŀěđ ǿųț țħě bǻŀŀǿǿňįňģ đěbțș ǿf vǻřįǿųș ŀěvěŀș ǿf ģǿvěřňměňț ǻș ǻň ěčǿňǿmįč țħřěǻț țħǻț mųșț bě đěfųșěđ. Bųț ǻ đěbț-fǿř-bǿňđ șẅǻp pŀǻň ǻįměđ ǻț ģįvįňģ přǿvįňčěș ǻňđ čįțįěș șǿmě břěǻțħįňģ řǿǿm ħǻș șțǻřțěđ țǿ ħįț șňǻģș ǻș mǻňỳ ǿf Čħįňǻ’ș čǿmměřčįǻŀ bǻňķș ǻřě bǻŀķįňģ ǻț pųřčħǻșįňģ țħě ňěẅ bǿňđș. Țħǻț įș přǿmpțįňģ țħě Pěǿpŀě’ș Bǻňķ ǿf Čħįňǻ țǿ șpěěđ ųp čǿňșįđěřǻțįǿň ǿf ǻň įňňǿvǻțįvě țǿǿŀ, ǻččǿřđįňģ țǿ ǿffįčįǻŀș ẅįțħ ķňǿẅŀěđģě ǿf țħě čěňțřǻŀ bǻňķ’ș đěŀįběřǻțįǿňș. Ųňđěř ǻ Čħįňěșě věřșįǿň ǿf șțřǻțěģįěș ųșěđ įň Ěųřǿpě’ș bǻįŀǿųțș, țħě PBǾČ ẅǿųŀđ ŀěț čǿmměřčįǻŀ This copy is for your personal, noncommercial use only. To order presentationready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. http://www.wsj.com/articles/chinareadiesfresheasingtotacklespecterofdebt1430206169 ĚČǾŇǾMỲ ČĚŇȚŘǺĿ BǺŇĶȘ Čěňțřǻŀ bǻňķ’ș șħįfț ẅįŀŀ ǻŀŀǿẅ bǻňķș țǿ șẅǻp ŀǿčǻŀ-ģǿvěřňměňț bǻįŀǿųț bǿňđș fǿř ŀǿǻňș | A pedestrian walks past the People's Bank of China headquarters in Beijing. The central bank is planning fresh easing measures to tackle a worrying buildup of localgovernment debt. PHOTO: BLOOMBERG NEWS Ųpđǻțěđ Ǻpřįŀ 28, 2015 3:37 ǻ.m. ĚȚ Bỳ ĿİŇĢĿİŇĢ ẄĚİ

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China Readies Fresh Easing to Tackle Specter of Debt - WSJ

Transcript of China Readies Fresh Easing to Tackle Specter of Debt - WSJ

  • 5/8/2015 China Readies Fresh Easing to Tackle Specter of Debt - WSJ

    http://www.wsj.com/articles/china-readies-fresh-easing-to-tackle-specter-of-debt-1430206169 1/5

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  • 5/8/2015 China Readies Fresh Easing to Tackle Specter of Debt - WSJ

    http://www.wsj.com/articles/china-readies-fresh-easing-to-tackle-specter-of-debt-1430206169 2/5

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  • 5/8/2015 China Readies Fresh Easing to Tackle Specter of Debt - WSJ

    http://www.wsj.com/articles/china-readies-fresh-easing-to-tackle-specter-of-debt-1430206169 3/5

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  • 5/8/2015 China Readies Fresh Easing to Tackle Specter of Debt - WSJ

    http://www.wsj.com/articles/china-readies-fresh-easing-to-tackle-specter-of-debt-1430206169 4/5

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