Bloomberg News

GREATER CHINA DAYBOOK: Fine Tune Economic Policy; Bank Earnings

October 25, 2011

Oct. 26 (Bloomberg) -- Premier Wen Jiabao said the government will fine tune economic policy as needed as China fights inflation and protects against global economic turmoil.

Officials will make adjustments at a “suitable time and by an appropriate degree” and will maintain “reasonable” growth in money supply, Wen said during a visit to Tianjin, according to a statement published late yesterday on the government’s website. The government will continue to make tackling inflation a top priority, Wen said.

--With assistance from Daryl Loo in Beijing, Joshua Fellman in Shanghai and Kana Nishizawa in Hong Kong. Editors: Bloomberg News, Joshua Fellman

To contact the reporter on this story: Bloomberg News in Shanghai at swong139@bloomberg.net

To contact the editor responsible for this story: Joshua Fellman at jfellman@bloomberg.net


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