China to make use of all monetary tools to boost growth
PBoC flags external volatility and renews pledge to support economy in quarterly report
The People’s Bank of China would make use of its full monetary policy toolkit to provide ample liquidity and support economic growth, according to its latest quarterly review.
In its Q4 2024 monetary policy implementation report, published yesterday (February 13), China’s central bank said that the external environment was “complicated and volatile” and that domestic demand was “insufficient”. It nevertheless said that the country’s economy would “continue growing steadily” in 2025.
The PBoC said
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