China to Go Slow on Policy Easing Measures?
Arslan Butt • 1 min read
Asian stock markets registered a dip as Chinese stocks fell below a 13-month high over concerns that the government could slow down the policy easing measures as the state of the Chinese economy improves.
Last week, Asia-Pacific shares’ index MSCI touched a nine-month high over better than expected Chinese economic data that helped dispel investor concerns about global economic growth slowdown.
During today’s Asian session, the Shanghai Composite Index closed 1.3% lower, while the Japanese NIKKEI225 remained little changed.