Free Trial

MNI China Press Digest, Dec 27:Infrastructure, Monetary Policy

     BEIJING (MNI) - The following lists highlights from Chinese press reports
on Friday:
     China will invest CNY2.7 trillion in transport infrastructure next year,
less than the 3.21 trillion invested in 2019, according to Economic Information
Daily. Railway investment will reach CNY800 billion in 2020 and CNY1.8 trillion
will be invested in roads and waterways, the newspaper said.
     China's monetary policy needs greater countercyclical adjustment to ensure
the smooth operation of the economy in 2020, according to a commentary published
by Economic Daily. The article said the government needs to improve the
transmission of interest rates to the real economy and enhance reforms to lower
borrowing costs for corporates.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: archie.zhang@marketnews.com
--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MI$$$$]

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.