date:May 10, 2013
the government should prevent a further rise in fiscal and financial risks, and prevent asset bubbles.
Zhu Haibin, chief economist at JPMorgan in China, predicted that the central bank is likely to maintain the current interest rates and reserve requirement ratio this year.
The key adjustment of the monetary policy is to manage liquidity in the financial system, Zhu said.
The People's Bank of China, the central bank, said in its quarterly report on Thursday, The fundamental of Chinese econom