Headlines in China press this morning, via Bloomberg:
China Securities Journal piece from a CASS researcher:
- China's monetary policy is not effective enough, and so China should let fiscal policy play a bigger role
Shanghai Securities News has a piece from a State researcher :
- China's economy to further slow until 2016 (cites deflation pressure, stock market slump)
- and: expects H2 China GDP to rise about 7% ... also: China should cut interest rate and RRR in H2
