The central bank hinted at a more flexible stance this year. Photo: Reuters
The central bank hinted at a more flexible stance this year. Photo: Reuters

Trade war deal could allow China to loosen monetary policy and exchange rate flexibility, analysts say

  • A trade deal with US may have emboldened China’s central bank to ease monetary policy, analysts say
  • China’s central bank pledges to give market forces a ‘decisive’ role in determining the value of the currency but adds it wants to keep rates ‘stable’

The central bank hinted at a more flexible stance this year. Photo: Reuters
The central bank hinted at a more flexible stance this year. Photo: Reuters
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