Macro Strategies Economic Fundamentals Lowered Credit Demand; Liquidity Boosted Asset Bubbles

  • Contributor:China Galaxy Securities
  • Date:May 12, 2009
  • Pages:5pages
  • Price:$80.00
  • File Type: Adobe Acrobat Reader®
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Excerpts:

Political stimulation is the main element that economy touches the bottom and tends to stabilize.

 

Degree of economic self-recovery is below the expectation.

 

Banking credit growth space remains huge, but credit demand for enterprises tends to lessen.

 

Currency liquidity is likely to help boost asset bubble of capital market.


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