Governor of People’s Bank of China Yi Gang speaks at a press conference on China’s economic development on September 24, 2019, in Beijing. Photo: EPA-EFE
Opinion
Opinion
Macroscope
Why the People’s Bank of China is having a good coronavirus pandemic
- China’s central bank’s measures have been relatively restrained, leaving it with more room to manoeuvre monetary policy
- The country’s improving economic data shows that the bank’s nuanced strategy has paid off
Governor of People’s Bank of China Yi Gang speaks at a press conference on China’s economic development on September 24, 2019, in Beijing. Photo: EPA-EFE