Is China serious about credit tightening?
Beijing can move the punch bowl away from the edge but it can't take it off the table
A Mercedes-Benz car is for sell at a showroom in Shanghai: if China engages in tightening, there would be an impact on the global economy hurting sales for everything from cars to luxury goods.
Andrew Collier is managing director at Orient Capital Research in Hong Kong.
After years of rampant growth, there is widespread talk in Beijing about a return to slower pace of credit expansion. This is being echoed by the western media. But is it true?
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
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