PBOC Head Vows to Boost China Countercyclical Monetary Measures

PBOC Head Vows to Boost China Countercyclical Monetary Measures

China’s central bank chief pledged to maintain an accommodative monetary policy stance and to double down on countercyclical adjustments to support the country’s economic growth. In a report on the nation’s financial work to China’s top legislative body, the National People’s Congress Standing Committee, People’s Bank of China Governor Pan Gongsheng on Tuesday suggested that…

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