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More policy easing likely as Chinese economy recovers

From ecns.cn

China's economy is showing fresh signs of modest recovery, while pressures from still-weak demand remain, heightening the need for more stimulus to bolster the world's second-largest economy, analysts said. They also said that policy easing is likely to continue in the following months, including a small uptick in the fiscal impulse and further reductions in banks' reserve requirement ratio — the proportion of deposits that banks must keep in cash as a reserve — and policy benchmarks for interest rates. Their comments came as data from the National Bureau of Statistics showed on Saturday that the country's consumer ... (full story)

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  • Category: Fundamental Analysis