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2016年11月26日 20:17

Why liquidity tightened?

China Macro Insights: Why liquidity tightened?

Analyst: Xiyang Cai, CFA FRM ;  Date: Nov-26, 2016

Highlights

Economic indicators on growth and inflation in October are mixed but positive in general. Massive public investment in infrastructures and strong sales on property and automobiles in the first three quarters have stabilized China's economy. We forecast the growth momentum would highly likely prolong to 2017Q1, giving more freedom for policy makers focusing on risk prevention、deleveraging and asset bubble depressing. RMB......

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