Caixin
Mar 09, 2022 08:25 PM
FINANCE

In Depth: The Winners and Losers of China’s Credit Easing

A worker paints a bridge with white in East China’s Zhejiang province, in July 2021. Photo: VCG
A worker paints a bridge with white in East China’s Zhejiang province, in July 2021. Photo: VCG

Chinese banks are taking steps to inject more liquidity into the economy this year, but some sectors stand to benefit more than others.

The efforts are part of Beijing’s credit easing strategy to bolster the slowing economy, which is now facing the “triple pressure” of shrinking supply, shocks to demand and weakening expectations. China’s GDP growth fell to 4% year-on-year in last year’s fourth quarter, the weakest since the second quarter of 2020.

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