Non-governmental Financing

China’s Deleveraging Efforts Led to Big Fall in Social Financing Last Month, PBOC Adviser Says

China’s Deleveraging Efforts Led to Big Fall in Social Financing Last Month, PBOC Adviser Says

An adviser to People’s Bank of China attributes a sharp drop in social financing in May to the central bank’s efforts to expand deleveraging in the world’s second-biggest economy.

Jun 14, 2018
Zhou Ailin