Bloomberg: Expect Decrease in China’s MLF in Next Quarter
Louise Loo, Lead Economist at Oxford Economics, discusses China’s credit data, the next steps for the PBOC and the decline in foreign direct investment with Bloomberg Television.
The ruling Liberal Democratic Party’s (LDP) landslide election victory on Sunday doesn’t change our expectation of a primary fiscal deficit of 2%-3% of GDP in FY2026-FY2028 – we still see the deficit only starting to decline from FY2029. We also keep our view that the 10-year Japanese government bond (JGB) yield will be at 2.3% at end-2026 and 2.5% at end-2027 and beyond.
China’s rapid rise across both high-tech and labour-intensive exports is reshaping global trade and squeezing competitors — but which countries and industries are most at risk?
