So says the PBOC chief economist 23 Feb
– mon pol will be prudent, neutral in 2017
– CPI likely to grow around 2.5% yy in 2017
– mon pol will help keep economic growth at a reasonable rate
If not they’ll make one up. Again. Although in fairness I have noted a little more honesty in some of their expectations lately.
China’s monetary policy will prevent asset bubbles and a rapid rise in debt levels
