The People's Bank of China's research bureau deputy head Ji Min was in the China Daily over the weekend:
- room for an increase in interest rates in the short term
- Citing industrial product prices and corporate profitability improving since last year
- PBOC will assess both inflation and foreign exchange rates before adjusting interest rates
- Higher interest rates will help to squeeze asset bubble and restrain debt expansion
Also, an adviser in China News today:
- Yuan to be basically stable in 2018
