even as the United States continues to grapple with the effects of the coronavirus pandemic.
"Such [a] bubble bust could trigger substantial foreign capital inflow to China," wrote analysts at Mizuho Bank in a research note, adding that the regulator said he would study "effective measures" to encourage the free flow of capital while avoiding shocks to financial markets. The Chinese banking leader also said he's worried about whether China's property sector is at risk of volatility too — an issue that analysts say implies that the country may be ready to tighten its purse strings. President Xi Jinping told an economic conference late last year that the country needs to stabilize the property market in 2021, and Beijing has already taken some measures to do that. In December, regulators issued rules intended to limit lending to the property sector.
"This indicates how sensitive markets are to policy accommodation being taken away," wrote Stephen Innes, Chief Global Markets Strategist at Axi, in a Tuesday note. "It also highlights that central banks will run at different speeds in pulling away from last year's crisis."
Finally some good news coming out of China let's really hope it collapses Iagree with one commenter should sounded the alarm for this f ING virus.
It would have been nice if they had the same global concerns and sounding the alarm earlier about the COVID-19 virus. Maybe we could have reduced the impact on global health and economies.