More Chinese bankers believe macro economy overheated – Beijing Time

From Beijing Time via China Economic Net:

Latest survey by China’s central bank shows that 42.6 percent of bankers in the country believe that the macro economy is overheated, and 26.6 percent think the situation will continue.

The People’s Bank of China and the National Bureau of Statistics quarterly send questionnaires to principals of all kinds of banks including foreign-funded ones, asking them about impression upon the current economic situation.

Some 42.6 percent of bankers think the macro economy is overheated in the second quarter of this year, and 26.6 percent predict such situation will continue in the next quarter, which is the maximum ratio in history.[Full Text]

More reading on China’s recent economy:

China moves to fend off economic overheating
Fearing Inflation, China Tightens Monetary Policy for 2nd Time in 6 Weeks


Subscribe to CDT


Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.