Cheap loans! If only. China’s removal of the floor on commercial lending rates on Saturday was never going to boost the markets. Any move that could shrink the net interest margin of banks will not be welcome by investors. But in a wider economic sense, the move is a positive.
廉價貸款！如果真的成為現(xiàn)實(shí)的話。上周六中國取消商業(yè)貸款利率下限的做法，本來就不會提振市場。任何可能縮小銀行凈息差的措施都不會受到投資者的歡迎。但從整體經(jīng)濟(jì)邏輯來看，此舉是積極的一步。
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