Free Trial

China Requests Better Mgmt amid Rising Commodity Prices: Xinhua

CHINA PRESS
MNI (Beijing)

Chinese Premier Li Keqiang told his government to better coordinate the commodities markets and track changes in both external and internal conditions to manage excessive price gains and impacts, Xinhua News Agency reported. Li requested monetary policies to be coordinated with other departments to ensure the stability of the economy, Xinhua said. The government also supports issuing at least CNY300 billion special bonds to boost small business lending and requests that the five large state-owned lenders boost microlending by 30%, Xinhua said.

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.