China Still Has Policy Space Amid Trade.......>

CHINA: China Still Has Policy Space Amid Trade Spat, PBOC Adviser Says (BBG)

- China still has room to adjust its fiscal, monetary and real-estate policies

if uncertainty over trade with the U.S. generates further downward pressure on

the economy, central bank adviser Ma Jun said Friday. "In the short term, there

is still a lot of uncertainty about China-U.S. trade tensions. If there is a

mini-deal, it would be a boon for China's economy next year. If not, and the

tensions worsen, there will be rising downward pressure," Ma, a member of the

People's Bank of China's monetary policy committee, said on the sideline of the

New Economy Forum in Beijing. "China still has room to adjust its

counter-cyclical policies including fiscal, monetary and for real estate."