Monster moves by chinese in last two weeks could actually...

Monster moves by chinese in last two weeks could actually improve the chance now of a loan.
Imo chinese actions with cuts to RR, interest rate cuts and short term liquidity operations and now direct equity purchases probably means that the normal lending standards are being relaxed big time in the hope of moving activity forward.

Given the insane moves by china, their banks are being flooded with money to lend, the bank is fully secured so right here right now i think the yeeeeew nownhas a good shot in getting some more debt because china authorities are effectly relaxing the rules in the hope that something sticks.

Big changes in two weeks in the chinese bankingnsystem, chinese shareholders probably dont want a writedown, sino doesnt want a write down as its not in the interest of the authorities to have majors disclose problems at a time that its market has been smashed, so they flood thensystem by reducing rates and reducing reserve requirments probably means lending standards will be reduced as they have to sell alot of money because they hope the leverage will get things stable and moving .........

Bit of a repeat there but could be bothered editing on this ipad sorry

Does it mean the can destruction unit will be doing well in the futures, probably not but the chances of a loan have probably improved significantly in the last week.......