China’s central bank is reluctant to release unlimited liquidity into the financial system. Photo: Reuters China’s central bank is reluctant to release unlimited liquidity into the financial system. Photo: Reuters
China’s central bank is reluctant to release unlimited liquidity into the financial system. Photo: Reuters

China won’t follow West by easing monetary policy, says central bank chief

  • Yi Gang says People’s Bank of China will look to consumer price and exchange rate stability to help get economy back on track after Covid-19 pandemic
  • Unlike US Federal Reserve, the bank has been reluctant to adopt policy of unlimited quantitative easing

Topic |   Yuan
China’s central bank is reluctant to release unlimited liquidity into the financial system. Photo: Reuters China’s central bank is reluctant to release unlimited liquidity into the financial system. Photo: Reuters
China’s central bank is reluctant to release unlimited liquidity into the financial system. Photo: Reuters
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