PBOC’s Yi sees China's 2021 consumer inflation below 2%
|The People Bank of China’s (PBOC) Governor Yi Gang said on Thursday that he expects China's 2021 consumer inflation below 2%.
Additional comments
Potential economic growth in China will slow.
Expects China GDP expansion to be close to its potential growth rate
China's economic growth model by investment in capital and labor will be hard to maintain amid aging population trend.
Monetary policy should focus on the impact from structural changes on prices.
Aging society helping to slow inflation.
Will keep the yuan exchange rate basically stable.
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