China to maintain reasonable credit growth in 2018 - state media

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Reuters BEIJING
Last Updated : Dec 20 2017 | 3:55 PM IST

BEIJING (Reuters) - China will maintain reasonable expansion of credit in 2018, according to a statement carried by the official Xinhua news agency on Wednesday, following an annual economic meeting of China's top leadership.

China will take concrete measures to strengthen the regulation of local government debt, Xinhua said.

The annual economic conference is keenly watched by investors for clues to policy priorities and economic targets in the year ahead.

(Reporting by Beijing Monitoring Desk; Editing by Jacqueline Wong)

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First Published: Dec 20 2017 | 3:51 PM IST

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