china\s monetary policy still loose
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

China's monetary policy still loose

Arab Today, arab today

Arab Today, arab today China's monetary policy still loose

Hong Kong - Yonhap

China's monetary policy remains loose despite the country's recent tightening moves, Fitch Ratings said Wednesday, indicating the country will likely face continuing inflationary pressure. China's consumer prices rose 5.5 percent in May from a year earlier to a 34-month high. It was an increase of more than 5 percent for the third straight month, higher than the Chinese government's annual target of 4 percent.

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