Fed’s rate cut no panacea for China’s pain, but it helps ease pressure: analysts
- Posted on September 21, 2024
- By South China Morning Post
- 1 Views
Fed’s rate cut no panacea for China’s pain, but it helps ease pressure: analysts
Pressures facing China, including from capital outflows, could be allayed by start of US Federal Reserve’s rate-cutting cycle, but real stabilisation will take much more.