They are cutting rates and liberalizing rates at the same time so that the stimulus won't be so damaging. Li Huiyong More Quotes by Li Huiyong More Quotes From Li Huiyong Fixed-asset investment growth picked up due to stronger real estate investment, the economy still needs support from loose monetary policy and expansionary fiscal policy going forward. Apart from the expansion of the (budget) deficit to implement tax cuts, the central government needs to maintain infrastructure investment. Li Huiyong business China's government is pushing forward the 'supply-side' reform and the move needs someone to pay the costs. A loosening monetary environment is what we need, we believe the central government will keep its loosening policy stance this year to support the economy. Li Huiyong company-news The sharp fall in foreign exchange reserves indicates increased pressure on capital outflows. Li Huiyong company-news The change in PPI is very worrying. It could affect corporate profitability, which in turn could affect consumption and the economy, we must step up policy support. Li Huiyong most-read-articles The data showed the economic situation remains grim. Li Huiyong top-news Do n’t underestimate the cumulative effect of the cuts in interest rates and RRR, this wo n’t be the last cut. Li Huiyong most-read-articles They are cutting rates and liberalising rates at the same time so that the stimulus won't be so damaging. Li Huiyong business
