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’
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US-China trade war
The central bank hinted at a more flexible stance this year. Photo: Reuters