A man talks on a mobile phone outside the People's Bank of China headquarters in Beijing, China. China's central bank is said to have gauged demand for 63-day reverse repurchase agreements for the first time ever. Photo: Bloomberg

China’s central bank rules out major stimulus because financial risks are ‘controllable’

  • People’s Bank of China says there is no need for major loosening of policy because growth will stay within a ‘reasonable range’
Topic |   China economy

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A man talks on a mobile phone outside the People's Bank of China headquarters in Beijing, China. China's central bank is said to have gauged demand for 63-day reverse repurchase agreements for the first time ever. Photo: Bloomberg
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