China central bank survey: more bankers think economy cooled in Q4
[BEIJING] The number of Chinese bankers who believe the country's economy is cooling increased in the fourth quarter from the third, and the confidence index of bankers dropped, according to a central bank survey published on Monday.
The People's Bank of China said the survey also showed that in the fourth quarter, the number of bankers who believed monetary policy was "appropriate" increased from July-September.
The survey also showed the confidence index of Chinese enterprises fell in the fourth quarter while fewer Chinese residents believed property prices are at unacceptable levels, as home prices show signs of cooling.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
South Korea readies new system to detect illegal short-selling
US births retreat after pandemic-era growth
Markets are embracing India’s Modi for what he won’t do
Blinken to meet businesses in Shanghai as he kicks off a tough China trip
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah
South Korea’s economic growth beats forecast as exports rise