News

PBOC’s Yi: Monetary policy will continue to support economic growth

The People’s Bank of China (PBOC) Governor Yi Gang commented on the monetary policy and economic outlook while speaking at a World Economic Forum (WEF) panel on Tuesday.

Key quotes

Monetary policy will continue to support economic growth.

Will watch macro leverage ratio and NPL risks.

Expects China's exports to continue to be pretty good this year.

China's macro policies will focus on maximising employment.

If employment is stable, China will have very good consumption.

Related reads

PBOC’s Advisor Ma: China should abandon GDP target – MNI

PBOC may keep LPR unchanged – China Press

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.