• China’s economy faces downward pressure
  • Reiterates China to follow prudent monetary policy
  • China to increase yuan two-way flexibility
  • China to increase monitoring of private lending, property
  • China to increase monitoring of local government financing
  • To use interest rates to adjust demand for funds
  • China potential growth rate is easing
  • China will see net funds inflow this year
  • China must be cautious of inflation risks

Bloomberg reporting.