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 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
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
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

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 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
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
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Neal Kimberley

Neal Kimberley

UK-based Neal Kimberley has been active in the financial markets since 1985. Having worked in sales and trading in the dealing rooms of major banks in London for many years, he moved to ThomsonReuters in 2009 to provide market analysis. He has been contributing to the Post since 2015 and writes about macroeconomics from a market perspective, with a particular emphasis on currencies and interest rates.