Free Trial

The focus of China's monetary policy....>

CHINA PRESS
CHINA PRESS: The focus of China's monetary policy may be switched to economic
growth, China Securities Journal reported Wednesday, citing analysts. 
- Monetary policy may lean more towards economic growth, echoing earlier
comments by the Communist Party Politburo which stressed boosting domestic
demand; 
- Monetary policy will still be prudent and neutral and guidance of market
expectation will be stressed; 
- The PBOC's Q1 monetary policy report suggests deleveraging at this stage will
not focus on all sectors, but a few key sectors such as local governments, SOEs
and the property market, the newspaper said, citing Pan Xiangdong, chief
economist at New Times Securities.

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.