Li Daokui, an advisor to the People’s Bank of China (PBoC), said that the government should keep its monetary policies stable for the second half of 2010, Bloomberg reported, citing the 21st Century Business Herald. His call come amid increasing indications that the economy is slowing down, and previous public fretting by senior Chinese officials that the length of the global economic recession was complicating policy efforts. Li emphasized that the prospect of inflation should be a particular worry for the central bank in the near future.
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