China In-Focus — Monetary policies sufficient to meet challenges; Implementation of 'prudent' monetary policy soon
BEIJING: China’s monetary policy has ample room and sufficient tools, including further cutting banks’ reserve requirements, to cope with new challenges amid a shaky economic recovery, a commentary in the state-owned Securities Times said on Sunday. China’s economy only grew by 0.4 percent in the second quarter compared to the same period last year, down sharply from 4.8
Source: arabnews.com
