Thanks to its generous stimulus package and growth in loans, China’s financial forecast is generally positive. From Bloomberg:
China will sustain its economic rebound this quarter and growth is likely to top the government’s 8 percent target for 2009, the central bank said.
Policy makers need to “manage inflation expectations,” curb excess capacity and encourage sustainable lending growth, the central bank said in a report on the third-quarter economy, posted
October 30, 2009