PBoC Governor Yi Gang: Downward pressure on the economy is increasing

Haresh Menghani FXStreet

PBoC Governor Yi Gang was out with some comments in the last hour and said that China's economic growth has neared potential rate.

He was further noted saying that overcapacity has significantly eased and downward pressure on the economy is increasing.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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