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China's monetary policy will focus on...>

CHINA PRESS
CHINA PRESS: China's monetary policy will focus on boosting credits and
delivering currency more accurately to feed the real economy, the China
Securities Journal said in a commentary. The central bank restarted the
injection of funds through reverse repo operations yesterday after a two-month
suspension, dispelling market speculation that its monetary policy stance may
have tightened, the newspaper said. Judging from the tone of the language in the
Government Work Report around "guiding the broad money supply and the social
financing growth to be significantly higher than last year" it appeared that
China would further increase its monetary easing, the commentary said.

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