China government bonds finish higher after Premier Wen Jiabao on Tuesday pledged to maintain steady economic growth, cementing market expectations that Beijing will continue to introduce monetary easing measures to bolster the slowing economy, says a Beijing-based trader with a local fund. "Despite CPI growth rebounding a bit to 2.0% in August, it's still well below Beijing's full-year target of 4%, so China has enough room for easing further," the trader says. The Shanghai exchange government bond index ends at 134.59 vs 134.58 at Tuesday's close; and is tipped in a 134.60-134.65 band Thursday.
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