News Headline Summary

China plans CNY 530bln railway investment next year, according to 21st Century Business Herald

Analysis details (20:10)

- China has been very active of late in providing various infrastructure stimulus which appears to be a more targeted fashion than using monetary policy from the central bank.
- The more China continues to announce these large size projects the less likely it seems we will get an near-term action on Chinese monetary policy from the PBOC.

14 Nov 2012 - 20:03 - Fixed Income - Source: 21st Century Business Herald

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