메뉴 건너뛰기

XEDITION

Board

China Says Market Views Of Monetary Policy Moves Too 'simplistic'

AnnaFreeling35404 2022.02.27 14:14 조회 수 : 3

BEIJING, Dec 6 (Reuters) - A Chinese newspaper run by the State Council, or 실시간바카라 cabinet, warned the market against "simplistic" interpretations of monetary policy moves as easing expectations gathered steam, suggesting China is not about to unleash a huge wave of credit in panic.

Expectations the central bank will ease policy have sharply risen after Premier Li Keqiang said on Friday that the amount of cash that banks must keep as reserves will be reduced "in a timely way", amid growing economic headwinds whipped up by an increasingly troubled property sector.

"This is a rather simplistic interpretation of macro policy, which could easily lead to misunderstandings," the Economics Daily said in a commentary on Monday.

China's monetary policy will be more focused on its continuity and stability while taking into account the government's short-term and long-term goals, according to the commentary.

Severely indebted property behemoth China Evergrande Group cautioned on Friday that there was no guarantee it would have enough funds to meet debt repayments.

The yield on China's 10-year treasury bonds - the most actively traded in the interbank market - fell almost 5 basis points in early trade on Monday on the easing expectations.

Nomura analysts said in a note on Monday that they expect the economy and the property sector in particular to worsen further, and Beijing may have to significantly step up policy easing measures in the spring of 2022 to avert a hard landing.

But the financial daily ruled out the possibility of a flood of stimulus to prop up the economy, saying China would make its policies more targeted to cope with any downward pressure.

It added that coordination between monetary policy, fiscal policy and industrial policies will be stepped up.

After a broad-based cut to the amount of cash banks must hold as reserve in July, the Chinese central bank has since defied market expectations for further policy easing.

Advisers to the government will recommend that authorities set a 2022 economic growth target below the "above 6%" target set for 2021, some of the advisers told Reuters previously

>(Reporting by Stella Qiu and Ryan Woo; Editing by Jacqueline Wong)

번호 제목 글쓴이 날짜 조회 수
453 Kate Ferdinand Felt 'overwhelmed' Adjusting To Parenthood LorrieMcVicars216636 2021.07.07 3
452 Today's Birthday 29/4 PGZMarta069660987 2021.07.18 3
451 Top Baccarat Guide! JeromeAnnis32272 2021.07.28 3
450 Top 10 Upside Down Houses On The Planet ToneyNan178832044264 2021.08.21 3
449 Dunder On Line Casino PollyGeils445252 2021.10.08 3
448 Four Things Your Mom Should Have Taught You About Casino ClaudiaPeebles91 2021.10.15 3
447 Bad Credit Car Buyer? Understand The Pros And Cons Of Making A Down Payment EssieHale678223234 2021.11.19 3
446 Grab Freeplay Diverse Approaches At Betmgm Sportsbook And Casino Adeline42V88126591808 2022.01.08 3
445 Pfizer Booster Study Lifts Mood Over Omicron Variant MilesSeiffert54 2022.01.19 3
444 Latest Trends Of News! FelishaPolglaze8522 2022.02.20 3
» China Says Market Views Of Monetary Policy Moves Too 'simplistic' AnnaFreeling35404 2022.02.27 3
442 Nets To See Familiar Face As Spencer Dinwiddie, Wizards Come To Town EYZMarquis406317022 2022.03.04 3
441 Why Newspaper Advertisements Benefit Both Consumer And Advertiser MeaganDanford3585996 2022.03.13 3
440 Borgata Online Casino Has $20 Free Of Charge And $1000 Matching Deposit! GenevaGowlland1 2022.03.28 3
439 FIFA Negotiating Evacuation Of Soccer Players, Others From Afghanistan Tanisha78607771833 2022.05.14 3
438 Are You Missing Out? Benefits Of An Online Newspaper Maker MozelleZahel832 2022.05.14 3
437 Packer's Influence Over Crown 'extinct' ConcettaMackinlay693 2022.05.24 3
436 Megan Thee Stallion's Entourage Steps Between F1 Legend Martin Brundle CandidaBenedict 2023.02.14 3
435 No Iphone Apps LavonArellano849 2023.11.20 3
434 Former Casino Exec Sentenced To Year In Prison In U.S. College Scandal OlivaGarside52366369 2024.02.06 3
위로