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.