Government media says that China should choose “timing and right power” to cash relief

Shanghai ((Reuters) – China must choose the right time and strength in mitigating monetary policy, government media reported on Saturday in the last indication that increased mitigation to strengthen the second largest economy in the world may not be imminent.

A few days before the article in Shangha Securities News, the Central Bank pledged to control the monetary policy in a timely

On Friday, the financial news owned by the Central Bank called for finding the pace of the right to amend the monetary policies.

The comments series may increase expectations from an imminent reduction in interest rates or in bank reserve requirements.

While China still has an area to reduce policy, “reduce prices or RRR in time means choosing timing and appropriate strength, in order to achieve the best use of politics to deal with various aspects of uncertainty in the future,” said Shanghai Securities.

“The monetary policy in China must balance the support of the economy and the prevention of risks, as it is also restricted by the Chinese -American differences as well as the margins of the attention of local banks.”

China reduced both standard interest rates and RRRS twice last year to enhance the faltering economy. The Popular Bank of China has not reduced this year although US President Donald Trump raises a tariff on Chinese goods, which led to pressure on the economy in shrinkage and weak consumption.

The financial news said in his opening article on Friday, including the use of structural tools, not only related to reducing interest rates or RRRS.

Investors wrote “giving up more cash dilution,” as Zishon Huang, Chinese economist at Capital Eightsx, wrote, citing a rise in bond returns.

Since a large number of stimulus measures in China, Huang wrote, “There were no discounts in policy prices … and suggested the monetary goals placed in the National Popular Congress whether anything this year’s politics would be less expansion than 2024.”

(Shanghai Al -Akhbar reports: William)