China's Big Four Banks Plan to Increase Lending in 2H was a post earlier this week. The banks announced plans for more lending, but not substantially more. They're still worried about NPLs.
Caixin: Banks Reluctant to Obey Calls for More Credit
Maybe they will buy infrastructure bonds instead? Who's Gonna Buy 1 Trillion in Infrastructure Bonds
China runs a modern monetary (credit) system. Credit is limited by lending and borrowing. The government is accelerating bond issuance and lifted caps on bank buying of those bonds. The forced nature of the lending remains similar to prior stimulus efforts. The scale remains limited, for now.
Casino Mooted for Country Garden Malaysia Project and More Asia Real Estate
Headlines
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Malaysia’s prime minister is hoping to persuade some patriotic tycoons to
open a casino in Johor to revive an ill-fated Country Garden project, with
that...
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