China's Wen says policy fine-tuning needed to spur growth

China needs to make aggressive efforts to fine-tune its economic policies in order to support an economy still under downward pressures, Premier Wen Jiabao said on Sunday, suggesting Beijing will take ...

China will step up policy fine-tuning to support the economy, which faces increasing downward pressures, Premier Wen Jiabao said at a regular cabinet meeting on Wednesday. "China's domestic economy ...

BEIJING (Reuters) - China will step up policy fine-tuning to support the economy, which faces increasing downward pressures, Premier Wen Jiabao said at a regular cabinet meeting on Wednesday.

BEIJING (Reuters) - China will step up policy fine-tuning in the second half to support economic growth, although there are signs of stabilization in the economy, the official Xinhua news agency on Tuesday quoted Premier Wen Jiabao as saying. Wen affirmed the government's resolve to maintain its long-standing controls on the property sector. The government will take steps to improve the domestic investment environment and diversify its export market, Xinhua cited President Hu Jintao as saying. ...

With another listless macro day in the offing, the main event was the previously mentioned Bank of Korea 25 bps rate cut, which coming at a time when everyone else in the world is easing was not too surprising, but was somewhat unexpected in light of persistent inflationary pressures. Either way, the gauntlet at Abenomics has been thrown and any temporary Japanese Yen-driven export gains will likely not persist as it is the quality of products perception (sorry 20th century Toshiba and Sony), that is the primary determinant of end demand, not transitory, FX-driven prices.

BEIJING (Reuters) - China will step up policy fine-tuning in the second half to support economic growth, although there are signs of stabilization in the economy, the official Xinhua news agency on Tuesday quoted Premier Wen Jiabao as saying.

Reuters - China will start to fine-tune its economic policies in the first quarter, Premier Wen Jiabao said in remarks published by state media Monday, the most explicit indication yet of further monetary policy easing.