Chinese policymakers are intervening to stem market declines, but unevenly: they appear much more concerned about the currency than about equities. Meanwhile, worries about the domestic outlook continue to mount in parallel with those over trade. A surge in corporate bond defaults is the latest signal that conditions are worsening.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services