No sight of near-term policy easing in China: Moody's

13 Oct 2011

Moody's believes China is not going to accelerate the credit tightening measures but it doesn't expect any near term policy easing either.

Moody's reckons China's monetary conditions will remain slightly on the restrictive side, with no near-term easing in sight.

Money supply growth continues to decelerate; M2 growth fell to 13.5% year-on-year in August, the slowest rate since May 2005.

New renminbi loans totaled Rmb 5.2 trillion (US$816 billion) for ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial