China's Politburo says will maintain prudent monetary policy next year

<ul><li>Monetary policy to be more flexible and precise</li><li>Fiscal policy will be more proactive as well next year</li><li>Fiscal policy to be more forceful and efficient</li><li>Will expand domestic demand, deepen reform in key areas</li></ul><p>That's pretty much continuing the same narrative from this year currently. As much as China has stabilised economic conditions in the last few months, domestic demand remains in troubled waters and could do with another shot in the arm to try and get things back on track.</p>

This article was written by Justin Low at www.forexlive.com.