Caixin
ECONOMY

Reading the Tea Leaves of Economic Policy

Construction is seen on the Huaixiao railway station in Huaibei, Anhui province, in July 2016. Photo: VCG
Construction is seen on the Huaixiao railway station in Huaibei, Anhui province, in July 2016. Photo: VCG

* The meeting emphasized continued focus on reducing debt, but indications are that some slight adjustments might be ahead

* The meeting also pledged to maintain a prudent monetary policy and keep liquidity at a reasonable level; however, some analysts believe monetary policy will see significant changes

(Beijing) — When China’s top leadership met Tuesday to discuss economic policy for the rest of the year, the official record didn’t mention the trade war with the U.S.; instead, it referred to “obvious changes in the external environment.” Neither did it mention the swift fall in infrastructure investment growth in the first half of 2018.

ladingImg
You've accessed an article available only to subscribers
Try 4 weeks for $0.99
SUBSCRIBE
Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.