The Governor of the People’s Bank of China (PBOC), Yi Gang, has commented on monetary policy and economic outlook while speaking on a panel at the World Economic Forum on Tuesday.
Key Comments:
Monetary policy will continue to support economic growth.
The leverage ratio and default risks will be observed.
It is expected that China’s exports are still pretty good this year.
China’s macroeconomic policies focus on maximizing employment.
If employment is stable, China will have very good consumption.
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