For the first half of the year, China's economic growth reached 6.7%, and the investment rate, especially private investment shows clear slowdown, causing great worry in the market.

If easing measures are not adopted, the economy of the second of the year is likely to stall.

ANBOUND’s research team believes that to determine the trend of China’s monetary policy, it is necessary to understand the fundamentals of China's economy, the Central Government’s decision-making on the economic situation, and the actual situation of the Chinese economy.

From these perspectives, in the near future China is unlikely and should not loosen up its monetary policy greatly.

Maintaining stable growth and monetary policy would be the main part of the policy for the next half of the year.