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China May Refrain from Easing Amid Mild Inflation: Journal

CHINA PRESS
MNI (Sydney)

The People's Bank of China may refrain from monetary easing and any changes to reserve-deposit ratios or interest rates given expectations of a mild increase in consumer prices, the China Securities Journal commented. Overall inflation may remain benign given the slow growth in infrastructure investment and because real estate development has been strictly regulated, the Journal said. The market expects the CPI will post a positive increase from 0.3% to 0.5%, MNI noted. Policy advisors have previously told MNI that CPI may average at 2% throughout 2021. China will publish March CPI on Friday.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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