China monetary tightening pressure eases as growth rebound slows
World BusinessMar 4, 2013
China may hold off tightening monetary policy after growth in services and manufacturing weakened, underscoring challenges for the nation’s leaders as they open the annual session of parliament tomorrow. Expansion in industries including retailing, transport and banking, was the slowest in five months in February, an official survey of purchasing managers showed yesterday. Gauges released two days earlier pointed to manufacturing growth cooling. Premier Wen Jiabao will outline economic policies