PBOC’s Zhou Says China's Past Makes Officials Favor Intervention

Updated on
  • 'Interpretations of market ineffectiveness are more likely.'
  • PBOC's Yi says China should avoid too-loose monetary policy

PBOC's Zhou Explains China's Market Interventions

People’s Bank of China Governor Zhou Xiaochuan, ending a months-long period without speaking publicly, said the country’s past makes its policy makers more likely to want to intervene when officials perceive markets are in trouble.

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