Loosening credit standards is an odd way to deflate a credit bubble. But China’s credit market is particularly scary because of its shadow banking system. A change that lets banks lend more could allow sunshine in.
用放松信貸標(biāo)準(zhǔn)來抑制信貸泡沫是一種怪異的做法。但中國的信貸市場(chǎng)因其影子銀行體系而格外令人擔(dān)憂。讓銀行增加放貸的政策轉(zhuǎn)變可以讓陽光照射進(jìn)來。
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