Former SAFE Chief Economist and current CICC Chief Strategist says fiscal-monetary coordination is key to ending China’s “whack-a-mole” problem of ample funding but scarce market liquidity.
Miao Yanliang explains China's large monetary…
Former SAFE Chief Economist and current CICC Chief Strategist says fiscal-monetary coordination is key to ending China’s “whack-a-mole” problem of ample funding but scarce market liquidity.