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China's monetary policy will become.....>

CHINA PRESS
CHINA PRESS: China's monetary policy will become more flexible to ensure
abundant, but not excessive, liquidity, reported China Securities Journal on
Tuesday, citing Xu Nuojin, head of Zhengzhou city division of PBOC. 
  - China did not set goals for M2 or social financing growth this year as it is
still reining in financial risks; 
  - Financial institutions should aim to control financial risks and adjust
their expectations for future growth, as their businesses are increasingly
included into the framework of macro-prudential assessment. 

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