More moves expected to maintain adequate liquidity
By Chen Jia | China Daily | Updated: 2019-01-22 07:53
China's monetary authority will undertake the task to ensure sufficient lending and maintain adequate liquidity, supporting the economy to bottom out this year, investors expected.
The country's financial de-risking campaign, focusing on closing some shadow banking financial channels, was one of the factors that cooled fixed-asset investment growth to 5.9 percent in 2018, the lowest since 1999.
The weak investment also drove the headline GDP growth down to 6.4 percent in the fourth quarter from 6.5 percent in the third, according to the National Bureau of Statistics.
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