Monday, April 21, 2014
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Tag Archives: money supply

China: Money Supply in December Exceeds Market Expectation

PBOC

China’s central government wrapped up the National Financial Work Conference which is held every five years. Not surprisingly, no significant reforms were announced as politicians are reluctant to push major reforms in the face of an uncertain global outlook and a domestic leadership change. Though the conference is meant for strategic long-term planning, the conference memo (based on Premier Wen’s ... Read More »