China’s central bank will maintain the level of total financing in the economy in line with economic development, Sun Guofeng, head of its monetary policy department, said. Photo: AFP
China’s central bank will maintain the level of total financing in the economy in line with economic development, Sun Guofeng, head of its monetary policy department, said. Photo: AFP
Economy /  China Economy

China to maintain ‘prudent’ monetary policy given positive impact of US trade deal, central bank says

  • After China signed its trade deal with the United States, the People’s Bank of China plans to also focus on improving finance structure and preventing financial risks
  • China’s central bank plans only ‘limited’ room for further cut in banks’ reserve requirement in 2020

Topic |   China economy
Frank Tang
Frank Tang

Updated: 11:00pm, 16 Jan, 2020

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China’s central bank will maintain the level of total financing in the economy in line with economic development, Sun Guofeng, head of its monetary policy department, said. Photo: AFP
China’s central bank will maintain the level of total financing in the economy in line with economic development, Sun Guofeng, head of its monetary policy department, said. Photo: AFP
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