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PBOC's Ma: China should weaken its focus on GDP in the future

People's Bank of China (PBOC) chief economist Ma published a note, via Bloomberg, over the weekend, expressing his take on the Chinese economy.

Key Quotes:

“China's fundamentals support stable foreign exchange rate”

“China should weaken its focus on GDP in the future”

“Corporate debt ratio quite high by international standards”

“Slowing growth in M2 hasn't affected China's economy”

AUD/USD: Further downside in play ahead of a big week?

The AUD/USD pair is seen extending losses in early Asia, with the bears now looking to test 0.76 barrier, following a break below Friday’s low near 0.
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Japan’s Ishihara: Economy showing weaknesses but recovery continues moderately as a trend

Japanese economy minister Ishihara is on the wires now, via Reuters, expressing his view on the Japanese growth prospects, following the release of wo
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