At a meeting on Wednesday chaired by Governor Yi Gang, the People’s Bank of China said the international economic and financial environment remained complex. Photo: Reuters
China’s central bank eyes ‘noticeable decline’ in interest rates to help drive growth
- People’s Bank of China says it will ‘make flexible use of multiple monetary tools to maintain reasonably ample liquidity … deepen interest rate liberalisation’
- Credit support for private firms will be ‘in line with their contribution to the economy and society’, it says
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At a meeting on Wednesday chaired by Governor Yi Gang, the People’s Bank of China said the international economic and financial environment remained complex. Photo: Reuters
