Free Trial

The growth of social financing will.....>

CHINA PRESS
CHINA PRESS: The growth of social financing will be consistent with nominal GDP
and not likely to rebound sharply as Premier Li Keqiang reiterated that China
will not adopt strong stimulus measures, said Financial News, an official PBOC
publication. China should lower its consumption tax and structural tax for
enterprises to echo Premier Li's call for "more active" fiscal policy, said Li
Jianjun, an expert in international finance, according to the newspaper.
Monetary policy should strike a balance between easing and tightening,
strengthen the support for small- and micro-sized enterprises and lead funds
into industries that promote China's economic transformation, Li said, according
to the newspaper.

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.