China may tighten policy more - report

China will tighten policy more aggressively if measures already taken fail to cool the red-hot economy, a central bank official said in remarks published on Monday 24 July.

"The central bank will wait and see whether the signs of a slowing trend evident in the June economic indicators continues or not. If not, the central bank will take stronger measures," Liu Lida, head of the monetary policy and theoretical research division of the central bank's research bureau, was quoted as saying by the