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    • CommentAuthorxiaxue123
    • CommentTimeMay 15th 2019
     

    Newly-added loans in January 2016 reached 2.51 trillion yuan, soaring about 70 percent year-on-year, according to the report Cheap Jordan 1 , noting that the loan scale in January 2017 may surpass that of last year.

    No rate-hike cycle

    However, experts noted the nation won't embark on an interest rate hike cycle as the country's economy still faces downward pressure and exports, private investment and the property sector face challenges.

    The operations rate will not continue to rise mainly because China's economic downward pressure still exists, and US President Donald Trump's potential stimulating policies may bring external shocks beyond expectation and domestic inflation pressure is not heavy, according to Liu.

    Liao noted that "the opportunity for the central bank to tighten monetary policy has not come because of uncertainties in exports Cheap Jordan 13 , private investment and a cooling property market… We can't take it for granted that the domestic economy will remain stable as it was last year."

    A blue book on China's economic development released by the Chinese Academy of Social Sciences, a government think tank, in December predicted that GDP will rise around 6.5 percent this year, slower than the 6.7 percent in 2016.

    Two main tasks for China's economy in 2017 are stabilizing growth and preventing risks, Li said Cheap Jordan 11 , noting that continuously raising interest rates will break asset bubbles, triggering systematic risks.

    He forecast that the country's monetary policy will be a little tight in the first half of the year and a little loose in the latter half, compared with the policies of the past two years.

    Book cover of the Chinese version of Ball Lighting.

    BEIJING, Oct. 11 (Xinhua) -- "Ball Lightning", one of the bestselling recent Chinese science fiction novels Cheap Jordan Retro Shoes , is to be released in English.

    The novel, first published in Chinese in 2005, was written by Liu Cixin, China's most prolific and popular science fiction writer.

    Liu said he was delighted to have reached agreement about the English version of his novel, describing it as a good chance to show Chinese people's thoughts about space and the universe to global readers.

    He admitted Cheap Nike Jordan Shoes , however, that Chinese science fiction still had a long way to go to achieve international acceptance and recognition.

    "Ball Lightning" is about a man who witnesses both of his parents being turned to ash by ball lightning and devotes his entire life to researching the phenomenon. His quest presents a unique, mysterious and bizarre world to the audience.

    The tra

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