Economics

Dovish China Tilt Divides Market on Rate Cut, Slowdown Fears

Beijing likely to lower rates as growth slows, UBS Asset says
Nomura, NatWest see targeted moves rather than easing cycle

WATCH: Jian Chang, chief China economist at Barclays Asia Pacific, discusses the prospects for the world's second-largest economy and policies.(Source: Bloomberg)

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By Tian Chen

July 13, 2021 at 3:28 AM UTC

Updated on

July 13, 2021 at 8:46 AM UTC

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China’s surprising dovish about-turn last week is dividing the market over the severity of the nation’s economic slowdown and how far its central bank will go in loosening policy.