In the wake of the Two Sessions and the Boao Forum for Asia, resolve to tighten monetary supply has hardened. Policymakers fret over asset bubbles, self-fulfilling inflation prophecies and systemic risk. Deleveraging the non-financial sector, another wish, is compromised by dread of SOEs failing. The GDP growth target was reduced to 6.5 percent in the Government work report, accompanied by a policy focus on supply-side reform, de-capacity, free trade zones, car emissions,
March roundup: Civil Code preamble passed
March roundup: Civil Code preamble passed
March roundup: Civil Code preamble passed
In the wake of the Two Sessions and the Boao Forum for Asia, resolve to tighten monetary supply has hardened. Policymakers fret over asset bubbles, self-fulfilling inflation prophecies and systemic risk. Deleveraging the non-financial sector, another wish, is compromised by dread of SOEs failing. The GDP growth target was reduced to 6.5 percent in the Government work report, accompanied by a policy focus on supply-side reform, de-capacity, free trade zones, car emissions,