China Gently Hints Ready To Rein In Growth Policies

From Reuters:

China used its most important economic planning meeting of the year to drop hints that it will wind down ultra-loose pro-growth policies, carefully couching its message in soft language to avoid spooking markets.

The headline theme of the Central Economic Work Conference, which concluded on Monday, was continuity: the government once again vowed to maintain the stimulus spending and accommodative monetary stance that it adopted last year to cushion the blow of the global financial crisis.

Beneath that headline, though, Beijing offered a smattering of signs that it will gently pull on the reins.

December 9, 2009, 4:27 AM
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Categories: Economy