The M2 growth target was endorsed by leaders at the closed-door Central Economic Work Conference in December, according to sources with knowledge of the meeting outcome.This looks like a lowering of expectations to meet reality, not a change in policy. M2 increased 11.3 percent in 2016, slower than the 13 percent target.
"It's not necessary to maintain last year's high money supply growth," said a source who advises the government.
"A money supply rise of 11 percent should be enough for supporting growth, but we probably need to have some extra space, considering risks in the process of deleveraging."
机器人破坏就业的观点大错特错 - 自动化是否破坏了就业成了经济学家和政治家关注的主要议题之一。在特朗普炮轰贸易减少了美国制造业岗位之际，有经济学家“测算”称：贸易仅起到了四分之一的作...... >>点击查看新浪博客原文