From Bloomberg: China’s central bank reaffirmed plans to keep a “moderately loose” stance for 2010 and to restrict credit for industries with excess capacity, in its final monetary policy statement for the year. “Strict lending...
Written by Hu Shuli, founder and managing editor of Caijing Magazine: Various signals suggested China’s economy had returned to a stable track by the end of the second quarter, giving us an opportunity to reassess...
From Economic Observer Online: China’s central bank has found itself stuck in a dilemma as to what to do in regard to current monetary policy. Last week, Caijing, a well-known financial magazine, reported that the...
From Bloomberg: China’s central bank said it will maintain a “moderately loose monetary policy” and aims to consolidate the nation’s economic recovery. “To continue to foster the relatively smooth and fast economic development...
From Bloomberg: Chinese Premier Wen Jiabao and the Communist Party’s Politburo pledged to maintain a “moderately loose” monetary policy, countering speculation that surging loans and asset prices will trigger a tightening. The...
From AFP: A top Chinese central bank official said China has room to further adjust its monetary policy because its interest rates remain higher than those in the United States and Japan, in remarks published Monday....
From Bloomberg: Chinese bankers say monetary policy is too tight and their expectations for interest rates to rise have eased, a central bank survey showed. Policy is “tight” or “too tight,” according to...
From Bloomberg: Six months after the People’s Bank of China signaled a stepped-up battle against inflation, it has only fallen further behind in the fight. With inflation the highest in almost 12 years, central bank...
From Bloomberg: China’s central bank chief said there’s still room to raise interest rates after six increases last year, as he tries to tame the highest inflation since 1996. “The anti-inflation policy is a...
From Bloomberg: China will stick with a “tight” monetary policy as the nation faces increasing pressures of inflation and over-investment amid global market turmoil, said central bank chief Zhou Xiaochuan. China...
From Bloomberg: China should increasingly diversify its foreign-exchange reserves to reduce the risk of losses from declines in the dollar, the country’s National Bureau of Statistics said. It should also encourage Chinese companies to invest abroad to curb expectations of a stronger yuan, the bureau today said in a statement on its Web site. U.S. […]
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