Wednesday, April 15, 2015
Weak Financial Data in First Quarter Will Affect Policies
ANBOUND
According to China central bank, the financial data in the first quarter is very weak. ANBOUND think tank scholars hold that in the circumstance of continuous RRR cuts and interest rate cuts, the speed of issuing currency has fallen, making market more worried about economic slowdown. Under the pressure of economic slowdown, currency and fiscal policies need to be further enhanced. The currency policy is expected to be further loosened in second quarter.