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Non-manufacturing PMI hits 3-month high (4)

By Chen Jia (China Daily)

08:11, December 04, 2012

"And fiscal spending is likely to be accelerated to support infrastructure investment growth."

Inflationary pressures are now relatively low, giving the central bank space to further ease the country's monetary policies, said Liu Ligang, chief China economist with Australia and New Zealand Banking Group.

"It is possible that the People's Bank of China may cut the reserve requirement ratio once in December to inject liquidity into the market," Liu said.

【1】 【2】 【3】 【4】



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