Re: China’s new loans rise by record on stimulus efforts
February 12, 2009 at 08:05 AM EST
[Skip to the end] (email exchange) Yes, they use lending from their state owned banks as a fiscal adjustment, by lending with little concern about getting paid back. The question is how much is going to domestic demand and how much is going to subsidize exports. Probably mainly the latter. > > On Wed, Feb 11, 2009 at 11:48 PM, [...]
