Country must not alter monetary policy in spite of criticism.

By bne IntelliNews August 8, 2011
China must not make major alterations to its monetary policy in spite of criticisms against it. As reported by Dow Jones International News, the country has been urged to loosen its macroeconomic policies over the recent months, mainly due to the slowed growth and smaller companies are facing difficulties in accessing credit from banks. However, the present growth as well as employment is seen to be at appropriate levels, hence stabilizing prices along with curbing inflationary pressures are the main priorities of macroeconomic policies.

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