China has launched a fresh effort to boost its flagging economy with cash injections by the central bank, but signs are mounting that monetary stimulus is losing its effectiveness as debt-ridden companies lose their appetite for borrowing even at low rates.
中國發起了提振乏力經濟成長的最新努力,由央行注入現金。但越來越多的跡象表明,隨著債務纏身的企業失去對哪怕是低息借款的興趣,貨幣刺激正在失去其有效性。
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