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Loose monetary policy will not help.....>

CHINA PRESS
MNI (London)
CHINA PRESS: Loose monetary policy will not help small and micro-sized companies
to obtain loans and excess liquidity will not ease their financing difficulties,
said Zhu Min, head of the Tsinghua PBCSF, a finance talent training school
affiliate with the PBOC, the National Business Daily reports. Zhu believes that
for the past ten years, a large amount of liquidity flowed into the financial
market to fuel the stock and bond market as monetary policy had a loose bias.
Funds will naturally flow to the stock market instead of SMEs, Zhu said.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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