Q4 Outlook: China opens the credit taps
Video length: 2 minutes

Q4 Outlook: China opens the credit taps

Christopher Dembik
Head of Macroeconomic Research

Summary:  Since last May, when the trade war with the US intensified, China has shifted towards looser monetary policy and stimulus efforts. So far the biggest impact of easing is that it has contributed to boosting the credit impulse – a key driver of economic growth – back into positive territory.

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