PBOC: China faces challenges from slowing economic drivers incl property, infra and export ...Middle East

Comments from PBOC hitting the wires:CHINA FACES CHALLENGES FROM SLOWING ECONOMIC DRIVES INCLUDING PROPERTY, INFRASTRUCTURE AND EXPORTCHINA IS STILL IN THE STAGE OF MEDIUM-SPEED GROWTH OF ABOUT 5%THERE MAY STILL BE 5-10 YEARS OF MEDIUM-SPEED GROWTH POTENTIALCHINA'S CURRENT MACRO POLICY FOCUSES ON PLAYING THE ROLE OF SHORT-TERM STABILITY AND BALANCEECONOMIC GROWTH NEEDS TO BE DRIVEN BY STRUCTURAL POTENTIALCHINA NEEDS TO CONTINUE TO MAINTAIN A RELATIVELY LOOSE MONETARY AND FISCAL POLICY This article was written by Ryan Paisey at www.forexlive.com.

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