Читать книгу The Emerging Markets Handbook - Pran Tiku - Страница 103

China deliberately slowed down the expansion of credit in 2011 after the inflationary excesses that followed the stimulus in response to the 2008 recession.

China’s non-performing loan-to-total loan ratio decreased from 2.61 in 2005 to 0.68 in 2012.

The three-month FX volatility increased from 2.51 in 2007 to 3.85 in 2012. Exhibit 7 shows the performance of renminbi/US dollar over the last decade. In 2005, China tweaked the Yuan Dollar peg and the currency has seen a steady rise since then.