China’s economic recovery from coronavirus impact set to signal dialing back of monetary stimulus measures

China has started to ease up on the emergency monetary measures it used to support its economy in response to the coronavirus outbreak, according to analysts.Having avoided a recession with a stronger-than-expected economic rebound in the second quarter, and with concerns looming of creating excess debt and financial bubbles, pundits say Beijing sees less of a need for extra cheap money.But it is too early, they speculate, for the People’s Bank of China (PBOC), China’s central bank, to abandon…

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