Incomplete Reform Increases China Financial System Risk

The weakening growth of China has caused the central bank to reform its monetary policy to stay in line with economic changes. As we learned in class, using tools of monetary policy could effectively stimulate the economy. However, as China starting to loosen credit restrictions, this might lead to widespread bankruptcies and bad debts instead of economic growth.

https://mninews.deutsche-boerse.com/index.php/imf-incomplete-reform-increases-china-financial-system-risk?q=content/imf-incomplete-reform-increases-china-financial-system-risk