If trade friction between the U.S.......>

CHINA PRESS: If trade friction between the U.S. and China is removed, there is

no need for a substantial easing in China's monetary and housing policies,

Jiemian.com reported Monday, citing analysts from Everbright Securities.

- If the tariff rate does not increase to 25%, the negative impact on Chinese

exports will at improve by at least 1%, the publication said, citing analysts.

- For the first three quarters, slowing overseas demand has dragged Chinese GDP

growth lower by 0.7 percentage points. If the current CNY200 billion of tariffs

is not increased, the potential impact on the furniture, electronics, machinery

and other sectors will be significantly reduced or delayed, the article said,

citing analysts from CICC.

(Link to the story: https://bit.ly/2E6VdJy)