Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Daiwa’s Lai Says More Monetary Easing to Follow China Rate Cut

Kevin Lai, an economist at Daiwa Capital Markets, comments on China’s decision to cut interest rates for the first time since 2008.

“This was a response to what’s going on in Europe and the slowdown in China. There should be more cuts to the required reserve ratio and relaxation on credit policy. We expect them to do more in terms of monetary easing, credit policy and not so much about fiscal stimulus.”

“The macroeconomic environment is not exactly the same as it was in 2008, 2009. Jobs are still doing well, so there is no rush for the government to come up with more stimulus at this point.”

“The risk is still on growth being on the downside, so they will try to minimize that risk. I don’t think there is a huge concern about inflating the property bubble at this stage.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.