The Traderszone Network

Published in TZ Latest News 4 November, 2015 by The TZ Newswire Staff

Former Bank of England economist says China heading for hard landing, zero rates

Danny Gabay, a former Bank of England economist, says China’s growth rate has slowed to about 3%
– Says the People’s Bank of China will eventually cut its benchmark rate to zero (from the current 4.35%) and begin buying assets