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Timeline of China's fiscal and monetary policy since 1995 (Aug 18)

Here are some facts about China's fiscal and monetary policies from the present back to 1995.

-- Tight monetary policy (current)
Earlier this year, facing pressure from surging inflation, a resurgence in fixed-asset investment and excessive lending and liquidity, China decided to shift its monetary policy from "prudent" to "tight".

-- "Prudent" fiscal and monetary policies (2005-2007) 
 
For more reading: http://english.people.com.cn/90001/90776/90884/6479127.html



August 21, 2008 11:50 AM