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Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: What measures can the PBOC deploy to aid China's faltering economy, and will they help global stock markets rally?
Description: China's CSI 300 index just capped its worst week since March, a reflection of the impact deflation is having on the nation's stock market. The ailing property sector, which makes up about a fifth of China’s GDP, has also been in the headlines with Country Gardens, one of the biggest Chinese developers, facing a liquidity crunch that has bad omens for the economy. What measures, aside from monetary and fiscal stimulus, could the government or central bank deploy to aid the deteriorating economy? And will these measures help global stock markets rally? Earnings se...