Tighter monetary policy needed: research agency
Updated: 2013-02-28 14:40
(China Daily)
|
|||||||||||
China needs to lean toward a tighter monetary-policy stance as the economy faces risks from excessive liquidity and credit, according to a research unit of the nation's top economic-planning agency.
Authorities should drain more cash from the financial system to manage liquidity, and regulators need to enhance said banks' off-balance-sheet business, the State Information Center, a research arm of the National Development and Reform Commission, in a report published on Wednesday in the China Securities Journal.
US easing spurs inflation fears
Money-market rate rises on bets of funds drain
Related Stories
Ratings agency warns about rising debt 2013-02-26 10:13
CPI to reach 3.11% in 2013: study 2013-02-25 17:03
China's growth contributes to global prosperity 2013-02-17 10:17
China to pursue RMB internationalization 2013-01-28 10:20
More pep for interest rates 2013-01-28 01:41
Central bank to keep monetary policy stable 2012-12-28 09:19
Today's Top News
Police continue manhunt for 2nd bombing suspect
H7N9 flu transmission studied
8% growth predicted for Q2
Nuke reactor gets foreign contract
First couple on Time's list of most influential
'Green' awareness levels drop in Beijing
Palace Museum spruces up
Trading channels 'need to broaden'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
|
|
|
|
|
|