2014-07-27

CASS Worried About Hot Money Outflow

CASS sees Chinese economic growth stable in 2H and monetary policy stable to a bit looser. In contrast, the U.S. economy is expected to strengthen and interest rates to rise, both of which will close the gap with China. The net result will be increased currency outflows.

社科院:我国下半年可能面临热钱流出压力

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