Monday, November 28, 2011

Slowdown of Chinese Economy- Potential Government Intervention?

Chinese industrial companies’ profit growth cooled, adding to signs of a slowdown in the world’s second-biggest economy that may encourage Premier Wen Jiabao to ease policies. Inflation is still a problem in the Chinese economy, and economists expect the government to loosen some fiscal or monetary policies without cutting interest rates. In addition, China’s central bank last week fueled speculation that monetary policy may be eased by letting reserve requirements fall by half a percentage point.


http://www.businessweek.com/news/2011-11-28/slower-growth-in-china-industrial-profits-boosts-easing-case.html

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