The People's Bank of China (PBoC) lifted borrowing costs in step with the Fed overnight. But the real question is: can China's economy handle this sort of tightening at this stage in its cycle?
Read Full Article »The People's Bank of China (PBoC) lifted borrowing costs in step with the Fed overnight. But the real question is: can China's economy handle this sort of tightening at this stage in its cycle?
Read Full Article »