China to steer clear of large stimulus measures, there will be no shift in monetary or fiscal policy - Xinhua
- China is going to avoid going down the "familiar path" of resorting to large stimulus measures for the economy, and there is no sign of a shift in monetary and fiscal policy.
- A 'mini stimulus' theory has been widely circulated after the State Council announced a set of policies on Wednesday. However, any talk about an incoming stimulus package is misleading and those anticipating the kind of stimulus China unleashed following the 2008 global financial crisis are likely to be disappointed.