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A compelling case for Chinese monetary easing

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  • Guonan Ma

Abstract

• Chinese monetary policy was excessively tight in 2014 but started loosening in late 2014, in an attempt to cushion growth, facilitate rebalancing, support reform and mitigate financial risk. • There are three main reasons for this policy shift. First, there is evidence that the Chinese economy has been operating below its potential capacity. Second, among the big five economies, China’s monetary policy stance and broader financial condition both tightened...

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  • Guonan Ma, 2015. "A compelling case for Chinese monetary easing," Policy Contributions 879, Bruegel.
    • Handle: RePEc:bre:polcon:879
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    Cited by:

    1. Chang, Yuk Ying & Anderson, Hamish & Shi, Song, 2018. "China and international housing price growth," China Economic Review, Elsevier, vol. 50(C), pages 294-312.

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