Thursday, September 11, 2014
The 2014 Macro Policies Can't be Sustained Further
ANBOUND
In the opening ceremony of the 2014 Summer DAVOS Forum, China's premier Li Keqiang reiterated the overall keynote of the "targeted adjustments". But China’s economic momentum since July or August has been obviously revealing bleak signs, not being able to be reversed in a short time. ANBOUND think tank scholars hold that China’s macro policies might have been moving to their limits. September is the critical month to evaluate China’s economic situation, and any change in the country’s economic situation will require China to adjust its policies in the third quarter. That Premier Li Keqiang reemphasized that China was about to achieve its economic growth targets, is injecting confidence to the market as well as to himself.