No matter what the central bank does in easing its lending rules for the big state banks, investors think it is not enough. Between the trade war and structural changes in China, this new stimulus package has lost the sex appeal of stimulus packages of old. Take one look at the headlines on Caixin Global on Monday and it is clear: The central bank is nervous. The central bank already delivered four RRR cuts in 2018, and the stock market still fell and the economy slowed further. Li Keqiang wants the central bank to throw the kitchen sink at this and stimulate circa 2009.

Source: Forbes January 07, 2019 17:34 UTC