高盛亚洲经济分析——中国：放松从紧货币政策为时尚早（China: Too early to relax policy）

08.07.14      pdf格式16页   全英文

目录：
China: Too early to relax policy
There has been a lot of chatter lately in the market about a potential (imminent) policy easing in China. We believe the
government has little room to ease monetary policy at this juncture, because: 1) Headline inflation remains elevated at
7%; 2) the strenuous price controls need to be adjusted urgently, as widespread power shortages have begun to take
place. Page 3
                                                          First published on July 14, 2008 Hong Liang
Vietnam: Not home free for a soft landing yet
Despite the recently improving market sentiment, we believe it is too early to dismiss the macro instability risks and
conclude that Vietnam is home free for a soft landing this year. Page 6
                                                          First published on July 14, 2008 Helen (Hong) Qiao