China Securities Journal: China should cut excessive expansion of investment

China Securities Journal:

• China should cut excessive expansion of investment

More detail – China should reduce “excessive” expansion of investments and improve their efficiency to ensure sustainable economic growth

Article published by Shanghai Securities News (written by Xu Ce and Wang Yuan from the National Development and Reform Commission). Same article also say that China should reform performance assessment of local governments and reduce shadow banking

and also from the Journal:

• Yuan won’t have large depreciation risk

And, from a little earlier:

China Times:

• China may adjust 2nd home sales tax by the end of the year