Goldman: China’s Easing Measures Too Little

🇨🇳 🇨🇳 “#China efforts to boost the economy have #failed to inspire investor confidence. Simply put, that’s because easing measures have been too little too late.” Goldman Sachs estimated that bank loans to developers may increase up to about 400 billion yuan ($56 billion), a drop in a bucket when compared with about 27 trillion yuan needed to complete all construction backlogs
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