People's Bank of China Governor Zhou, more:
- Will fend off risks from drastic adjustments of asset bubbles
- Should prevent accumulation of risks stemming from excessive optimism
- China to seriously treat disguised debt of local government financing vehicles
- Corporate sector debt levels are relatively high
- Household debt level currently rising too quickly
Yeah ... reading these indicates that after the Congress there will be some tightening in policy, and not just monetary policy. It won't be drastic change, but policy will not be so stimulative as it has been.
