PBOC deputy governor says monetary policy will stabilize economic growth

  • PBOC policy will stabilize growth, employment and prices
  • Will strengthen the implementation of a prudent monetary policy

A few token remarks, but as with all things China, timing and context matter. In this case, it is simply a wider spread of support for the economy after the government took steps to bolster the local scene amid the lockdown restrictions that have hit hard in recent months.


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