China’s central bank pledges to step up policy support

China’s central bank pledges to step up policy support

China’s central bank said on Wednesday it would strengthen policy support for China’s economy, which it said faces serious external challenges and weakening domestic demand.

The People’s Bank of China said it will make its monetary policy “precise and forceful” to increase demand and strengthen confidence, according to a statement released Monday after the third quarter monetary policy meeting. the central bank.




With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
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