China Should Revive Slowing Credit by More LGBs and Loans: Journal

China should ease the market's concerns for slowing credit demand by issuing more local government bonds and loans, the China Securities Journal said citing analysts including Ming Ming of Citic Securities. China's subsequent local debt-raising this year is expected to significantly rise and all the additional quotas this year will be used up, the newspaper said citing Ming. Fiscal policies are expected to actively spur infrastructure building and the real economy's demand for financing, said the newspaper. China's monetary policy is tilting toward targeted reductions in RRRs and rates to lower businesses' financing costs and bridge liquidity shortages due to renewing MLFs, the newspaper said.