CHINA TO ADJUST ITS ECONOMY

DAILY BASKET – NEWS COMMENTARY

CHINA TO ADJUST ITS ECONOMY

MARSAL COMMENTS: China monetary policy will become tighter. Higher interest and less lending is expected, especially for the over-leveraged businesses such as steel, coal, non-ferrous metals and construction materials. The objectives are to gradually deflate the bubbles that have appeared in real estate and industry, reduce over production and maintain a stable exchange rate for the Yuan.

GENERALLY: Optimistic
NEGATIVE FOR: No one.
POSITIVE FOR: China and world trade.
IMPACT POTENTIAL: High
TIME SCOPE: (Medium Term)

READ ORIGINAL: China to Keep Tight Monetary Policy in 2017, Looks to Tackle Oversupply

Share

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.