BEIJING —China needs further monetary accommodation to reinforce the recent signs of a recovery in demand, with more interest rate cuts needed in order to ease corporate financing burdens and household mortgage costs, political advisers and experts said. They commented after a faster-than-expected credit expansion signaled a nascent recovery in the nation’s financing demand. Both Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
