News Headline Summary

According to Chinese press, China set to loosen monetary policy next year

- Says expects a more prudent monetary policy with some loosening in 2013.

Analysis details (09:21)

- These comments are in line with what we've heard at the Central Economic Work Conference.

- China will probably expand the amount of social financing to maintain a moderate increase in loan issuance and keep the CNY's exchange rate basically stable next year.

17 Dec 2012 - 09:12 - Fixed Income Economic Commentary - Source: Xinhua

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