Free Trial

MNI BRIEF: China Says To Support Private Investment

MNI (BEIJING)
MNI (Beijing)

China will formulate policies to promote private investment as it addresses insufficient domestic demand, the Politburo announced on Monday, adding that it provide support for affordable housing, revitalise idle properties and promote dual use of public infrastructure as well as move to reduce local government debt.

China will strengthen counter-cyclical adjustment with prudent monetary policy and proactive fiscal policy, the Politburo said, stressing the need for a stable exchange rate at a reasonable and balanced level. It will also move invigorate the capital market and boost investor confidence. (See MNI INTERVIEW: China Stimulus To Boost Economy In H2 - Bonds & Currency News | Market News)

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.