Shanghai Jiaotong University’s Zhu Ning on PBOC Policy

Zhu Ning, Professor of Finance at the Shanghai Advanced Institute of Finance, says China is using overnight reverse repos to help guide policy rates and ease spikes in funding stress. He also says China’s credit slowdown is not necessarily negative, as the country is shifting its growth model. He speaks with Minmin Low on the sidelines of the Lujiazui Forum in Shanghai. (Source: Bloomberg)