Fu Bingtao
Researcher, Agricultural Bank of China
Fu Bingtao is a researcher with the Strategic Planning Department of the Agricultural Bank of China.
May 04, 2016
Driven by factors such as unprecedented financing growth and increased investments by governments, the economy in the first quarter showed an obvious marginal improvement, which could maintain until June. The price includes an excessive money supply, a rising leverage level and the structural aggravation, therefore, doubts remain whether such improvements could sustain for the long term.