Free Trial

Increasing Special Bond Quota Unlikely - Ming Ming

CHINA PRESS
MNI (BEIJING)

China is unlikely to increase the quota of special treasury bonds this year, as structural monetary policy and various measures to promote consumption and investment will have a positive impact on the economy, according to Ming Ming, chief economist at CITIC Securities. Ming said China's policy toolbox remained adequate and therefore the urgency to increase special bonds was not strong. For H2, policy makers will likely make further cuts to the reserve requirement ratio and reduce taxes, he said. (Source: 21st Century Herald)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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.