Expert: Policy change still unknown

Experts are saying the fundamentals of China's economic recovery are not solid, and the uncertainty of when loose monetary policies will end, is adding to the worries.

8.9 trillion yuan in new loans were issued in the first ten months, up 5.2 trillion compared to the same period of last year. But experts caution that the increase will not lead to inflation in the near future.

Li Yang, Vice President of Chinese Academy of Social Sciences said "Will this large rise in credit lead to inflation? I think the situation is complicated. But I think in general it won't. Prices are not only affected by money supply, but also by the real economy. The final result is based on two factors and they may counteract in some degree."

Experts also say because China's recovery is not solid, loose monetary policies are still needed.

Experts also point out that it will take some time to know exactly when monetary policies should be changed.