Monetary policies likely to tighten to fight economic risks
By Wang Yanfei | China Daily | Updated: 2017-07-11 07:01
Monetary policies are expected to become relatively tight in the second half of this year, as fending off financial risks has become a greater challenge than stabilizing growth, said economists and analysts.
They spoke ahead of the release of second-quarter macroeconomic data, scheduled for Monday.
The change may mean less monetary liquidity in the market, as the government strengthens measures to tackle risks.
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