China's Politburo: Will implement a more moderately loose monetary policy
Source Fxstreet
China’s Politburo, the country’s top leadership, met on Monday, with the key highlights noted below.
Will implement more proactive fiscal policy and moderately loose monetary policy.
To enrich and improve policy toolbox.
Must expand domestic demand in all directions.
Must vigorously boost consumption.
To expand opening up to the outside world, stabilize foreign trade and investment.
Will step up "unconventional" counter-cyclical adjustments.
Will enhance support to improve people's livelihoods.
To stablize property and stock markets.
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