China Stocks: Was This The PBOC's Mario Draghi Moment?
"If 500bn is not enough, then we can do another 500bn”
China’s fiscal stimulus, monetary aid, and easing of reserve requirements should be enough.
We think because market dynamics will likely test China’s Mario Draghi moment “if 500bn is not enough, then we can do another 500bn” point1
The second point plays right into the West’s complaints for years and has come up in a report by GS Trader Rich P ( see foo…