China’s central banks says its prudent monetary policy will strike a balance between economic recovery and risk prevention, while being flexible, targeted and appropriate. Photo: Kyodo China’s central banks says its prudent monetary policy will strike a balance between economic recovery and risk prevention, while being flexible, targeted and appropriate. Photo: Kyodo
China’s central banks says its prudent monetary policy will strike a balance between economic recovery and risk prevention, while being flexible, targeted and appropriate. Photo: Kyodo
China economy

China’s central bank downplays draining funds from banking system after worst cash crunch in six years

  • The People’s Bank of China says the market should pay less attention to the volume of its liquidity operations and more to the interest rate on those operations
  • Central banks promises ‘prudent’ monetary policy that will strike a balance between economic recovery and risk prevention

Topic |   China economy
China’s central banks says its prudent monetary policy will strike a balance between economic recovery and risk prevention, while being flexible, targeted and appropriate. Photo: Kyodo China’s central banks says its prudent monetary policy will strike a balance between economic recovery and risk prevention, while being flexible, targeted and appropriate. Photo: Kyodo
China’s central banks says its prudent monetary policy will strike a balance between economic recovery and risk prevention, while being flexible, targeted and appropriate. Photo: Kyodo
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