PBoC plans more market-based monetary policy formulation
Analysts expect Middle East conflict to have little impact on policy in China
China’s monetary policy will increasingly be driven by market forces over the next five years and “moderately loose” settings will continue, the governor of its central bank has said.
Pan Gongsheng was speaking on March 6 during a press conference following the previous week’s ‘Two Sessions’ meetings, in which lawmakers outlined the country’s next five-year economic plan. The governor said that over the next half decade, the People’s Bank of China would implement policy with the aim of
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