Zhu Baoliang, economist at State Information Center, writing in 21st Century Business Herald

(this via Bloomberg)

  • No room for monetary policy loosening next year
  • Says CPI growth will accelerate to about 3%, the target
  • Monetary policy was "too loose" in the past
  • China should keep fiscal policy loose while preventing local debt risks
  • China should strengthen property controls

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State Information Center is a Chinese government policy making think tank. Its affiliated with the National Development and Reform Commission.

The National Congress begins tomorrow - a few thought bubbles floating about ahead of it.