Better communications, IMF says, will help China ensure financial stability. Photo: Reuters
IMF urges China’s central bank to improve communications to ensure financial stability
- The global institution says ‘need for transparent, clear, timely, and comprehensive communication will continue to increase’ as China continues to promote market-based financing
- Better communication is paramount to improving the effectiveness of monetary policy and reducing excessive volatility, according to IMF
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China economy
Better communications, IMF says, will help China ensure financial stability. Photo: Reuters