Free Trial

China should temporarily let the........>

CHINA PRESS
CHINA PRESS: China should temporarily let the deficit exceed the 3% ratio of the
GDP to stabilize economic growth, said China Business News on Sunday citing
Huang Yiping, a member of the PBOC's Monetary Policy Committee. The health of
the  balance sheet is more important than the deficit ratio, Huang was reported
as saying. The balance sheet of the central government is healthy, but that of
local government is not, the newspaper reported Huang as saying.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.