The People’s Bank of China (PBoC) lifted borrowing costs in step with the Fed overnight. But the real question is: can China’s economy handle this sort of tightening at this stage in its cycle?
中國人民銀行(PBoC)在美聯儲(Fed)加息后緊跟著提高了借款成本。但真正的問題是，中國經濟在所處周期的當前階段能夠應對這種收緊嗎？
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