The vice governor of the Popular Bank of China (PBOC), Zou Lan, said Thursday that “China’s monetary policy is support and relatively lax.”
Additional comments
“China’s macroeconomic leverage relationship has exceeded 300% and is increasing.”
“The Central Bank is focusing more on prices -based policy tools.”
“China has enough room for monetary policy.”
“Interest rates and compulsory reserves (RRR) will be reduced at the right time.”
“Various policy tools will be used to maintain abundant liquidity.”
“Integral financing costs will be reduced.”
Source: Fx Street
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