Monday, September 28, 2015
Domestic Monetary Policy Faces Challenges
ANBOUND
Anbound's scholars are of the view that the weak demand for financing caused by the weak economy coupled with the structural problems in the domestic financing market has caused the downward trend in market interest rates on domestic bonds.
As the nation’s market does not lack liquidity, the problem of floating funds and the difficulty in financing the real economy will exist concurrently.
This will be a big challenge for China’s monetary policy and marketization reformation.