China to maintain reasonable credit growth in 2018: state media

BEIJING (Reuters) – China will maintain reasonable expansion of credit in 2018, according to a statement carried by the official Xinhua news agency on Wednesday, following an annual economic meeting of China’s top leadership.

China will take concrete measures to strengthen the regulation of local government debt, Xinhua said.

The annual economic conference is keenly watched by investors for clues to policy priorities and economic targets in the year ahead.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.