Sunday, November 1, 2009

China to keep loose monetary policy - cenbank

China's economy is at a critical juncture of stabilization and recovery and the country will continue to implement active fiscal policy and loose monetary policy, Li Dongrong, an assistant governor at the central bank,

said on Sunday.

'China's economy is at a critical juncture of stabilisation and recovery,' he told a financial forum in Kuwait. 'Based on this judgement, we will continue to implement active fiscal policy (and) loose monetary policy.'

No comments:

Post a Comment