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Citigroup Expects China to Maintain Prudent Monetary Policy

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2014-08-07 12:26:00 来源:大连商品交易所网站 
Qiu Sisheng, head of retail banking research and investment analysis with Citi China, said at 2014 Q3 Citigroup Fortune Forum held on July 25 that China"s economy is gradually stabilizing and the monetary policy is expected to remain prudent in the future.

Qiu believes that this year, the global economy as a whole continues to improve, with the 2014 and 2015 GDP estimated at 3% and 3.5% respectively, representing moderate growths compared with last year (2.5%). With regard to the Chinese market, the second quarter GDP was 7.5%, higher than the market expectation, indicating that due to the support of the recovery in external economies as well as the domestic targeted easing and micro-stimulus policies, the economy is gradually stabilizing. Citigroup expects the monetary policy to remain prudent, and unless the economy shows the signs of sharp decline, the government will not introduce the comprehensive easing measures.
(责任编辑:HF046)

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