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China's Politburo: Will keep yuan exchange rate basically stable

Commenting on the economy and policy, China's Politburo said that they “will keep the yuan exchange rate basically stable.”

Additional quotes

“Will keep economic operations within a reasonable range.”

“Will continue to provide liquidity at an appropriate and ample level and to support the recovery of small and medium-sized companies.”

“The pandemic situation is evolving, and the external environment remains complicated.”

“The domestic recovery is still unstable and imbalanced.”

“Fiscal policy will focus on improving the efficiency of investment and local government debt issuance.”

“Will improve regulation of companies which seek to list overseas and enforce policies related to the third child rule.”

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