The central bank may be looking at its toolkit more carefully after data showed industrial output growth in May slowed to the weakest pace since 2002. Photo: Bloomberg
Central bank’s ‘tremendous room’ to adjust policy may be put to test as China’s economy slows
- It’s increasingly likely the People’s Bank of China will ease policy later this year given signs growth is slowing due to trade war pressure, analysts say
The central bank may be looking at its toolkit more carefully after data showed industrial output growth in May slowed to the weakest pace since 2002. Photo: Bloomberg