Chinese authorities will keep liquidity reasonably ample and steadily lower corporate financing costs, according to Yi Gang (pictured), governor of the People’s Bank of China. Photo: Bloomberg
China needs ‘firewalls’ to guard against systemic risks, but economy resilient to short-term pressure: central bank
- China must ‘seize this window of opportunity’ to implement domestic-facing monetary policies before US Fed’s upcoming interest rate hikes, economist says
- Fresh comments by People’s Bank of China show how it is falling in line with the central government’s renewed emphasis on ‘stability’, while providing more support to boost national economy
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China's economic recovery
Chinese authorities will keep liquidity reasonably ample and steadily lower corporate financing costs, according to Yi Gang (pictured), governor of the People’s Bank of China. Photo: Bloomberg
