CCTV9英语新闻：Institutions forecast on inflation, trade and new loans（在线收听）

This week will see the release of a slew of economic data for May.  The Bank of Communications expects May inflation to edge up 1.4 percent on rising pork price. PPI would continue falling but at a slower rate. PMI may climb to 50.2 percent.

Trade is expected to remain tepid in May but trade surplus may widen. UBS anticipates newly extended loans will bounce back in May, and rise to 980 billion yuan. Social financing is expected to extend by 1.3 trillion yuan. UBS also thinks the Chinese central bank should cut another 25 basis points off its interest rates, to lower the cost of borrowing.