Adviser sees looser policy in second half
By Fion Li | China Daily | Updated: 2011-05-07 07:47
Hong Kong - China's monetary policy may shift to "less tightening" in the second half of this year.
That's because inflation may have peaked, either in April or this month, said Fan Gang, a former adviser to the central bank, the People's Bank of China.
Exchange-rate policies aren't likely to change "dramatically in the foreseeable future", according to Fan.
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