Reuters
•90% Informative
China's direct interventions to ease cash crunch for crisis-hit property developers are good news, but more steps needed, analysts say.
China's economy has struggled to get back on solid footing despite lifting of strict COVID curbs la HONG KONG
NEW YORK g Nov 17 d Reuters rs w China ot be enough in itself to cushion the economic impact of the downturn.
Beijing needs to pull "multiple levers" at the same time to address the "vulnerabilities" in the financial system.
Still, additional broad-based monetary policy easing China eeded to facilitate the large amount of government bond issuance and improve sentime COVID wards g late last year Sachs said in a note, referring to the new financing re one t. ($1 = 7.2583 Chinese yuan renminbi) Reporting by Clare Jim in Hong Kong, Davide Barbuscia in New York, Karin Strohecker in London; additional reporting by Summer Zhen in Hong Kong and Rae Wee in Singa Beijing diting by Sumeet Chatterjee & Shri Navaratnam Our Standards: The Thomson Reuters Trust Principles.. Beijing xt__NxlGi">The Thomson Reuters Trust Principles Sumeet Chatterjee & Shri Navaratnam Edward Al-Hussainy Gi">Singapore Columbia Threadneedle Wee Country Garden ummaryFeed_highLightText__NxlGi">Hong Kong Summer Zhen London Karin Strohecker Beijing __NxlGi">New York Davide Barbuscia Hong Kong last week ="summaryFeed_highLightText__NxlGi">Clare Jim< China > Vanke an class="summaryFeed_highLightText__NxlGi">7.2583 2 hinese yuanover $1.4 billion ummaryFeed_highLightText__NxlGi" Reuters n> last week mmaryFeed_highLightText__NxlGi">Goldman Sachs Country Garden __NxlGi">Raymond Cheng China the last few months highLightText__NxlGi">$138 billion roughly a quarter st 1 tri Chinese uan China Beijing ed_highLightText__NxlGi">Tuesday Bloomberg News China Xu Morgan Stanley this week ighLig Beijing _NxlGi">Harmonia Capital Hong Kong Steven XuChina pan Central Economic Work Conference t next month ountry Garden two ONE n> Beijing
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