China’s anti-Mario Draghi moment surprises markets

Created
Fri, 28/07/2023 - 04:50
Updated
Fri, 28/07/2023 - 04:50
China is eschewing the former European Central Bank chief’s pledge to ‘do whatever it takes’ to stabilise via monetary easing. For weeks now, global markets have ricocheted between excitement over a Chinese stimulus boom and disappointment that Beijing was taking its sweet time to jolt a slowing economy. It’s now clear that Xi Jinping’s team Continue reading »