Press "Enter" to skip to content

China not to resort to flood-like stimulus – Premier Li Keqiang

China has not and will not change its prudent monetary policy and will not resort to “flood-like” stimulus, Premier Li Keqiang said on Wednesday at an executive meeting of the State Council, the country's cabinet.

In a rare case, Premier Li responded to market doubts over the record credit growth in January and pointed out risks reflected in it.

"While the latest data showed that the total social financing increased significantly in January, a deeper analysis showed that the surge was primarily attributable to the increases in bill financing and short-term loans, which could create room for . . .

To continue reading, please subscribe:


We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

Not satisfied with general information that you can get everywhere? Join us now! We go deeper to bring you details, data and perspectives you won't read elsewhere!

What you'll get:

  • In-depth & data-driven reporting on China's economy and financial markets
  • Daily Brief newsletter delivered before market open every weekday. You don't have to spend time to source information about this market. We do it for you! You only need to spend 10 minutes every day to read our newsletter! 
  • Exclusive interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?


Already have an account? Sign In