Press "Enter" to skip to content

M2 and aggregate financing should match GDP growth – government work report

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

Premier Li Keqiang said in the government work report delivered to the National People's Congress on Tuesday that "the prudent monetary policy should be neither too tight nor too loose".

The language compares with "the prudent monetary policy should be maintained neutral" in the government work report in 2018. The word "neutral" was removed this year.

The estimate for growth in M2, the country’s broadest measure of money supply, was missing from the  report for the second straight . . .

To continue reading, please subscribe. You will get

  • ORIGINAL & IN-DEPTH reporting about key trends in China's economy and financial markets
  • THE WIRE 7*24 - up-to-the-minute updates, with details and data you won't find elsewhere. 
  • DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.
  • QUALITY MATTERS. We provide quality information to help intelligent and professional readers make informed decisions. 

 

FREE TRIAL FOR A WEEK cancel anytime

GRAB THE MID-YEAR SPECIAL OFFER !

SUBSCRIBE AT $0.5 A DAY! 

 

Contact us for group subscriptions: contact@yuantalks.com

We highly value independence. We are solely funded by subscriptions from intelligent readers like you. Not ready for our full service? Try Free Weekly Newsletter first.

 

Already have an account? Sign In

Top