觀點中國經濟

Chinese regulators show more joined-up approach to debt
中國監管機構統一步調應對債務問題


隨著債務問題日益嚴峻,中國監管機構一改去年救市時的不協調,轉而齊心協力處置壞賬、審慎控制風險。什麼原因造成了這些改變?

When China’s stock market plunged more than 30 per cent over the summer last year, the country’s regulators leapt into action. Unfortunately, the leaping in question was less a graceful, synchronised jump and more a Three Stooges physical slapstick comedy routine as the government scrambled to retain control of its equity markets. Regulator actions were uncoordinated, at times even contradictory.

去年夏季中國股市暴跌逾30%時,中國的監管者跳起來就採取行動。遺憾的是,當中國政府急於要控制住股市時,這一跳並不是多麼優美,步伐也不整齊,而更像是《三個臭皮匠》(Three Stooges)裏的一幕肢體喜劇表演。監管層行動非但不協調,有時還互相矛盾。

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