China's Premier Li Reiterates Prudent Monetary Policy, Stability
This article is for subscribers only.
China’s Premier Li Keqiang said the nation will continue with its prudent monetary policy and will be able to maintain stability in the financial markets, according to China Central Television.
The nation will prioritize preventing financial risks while continuing with market-based, managed floating exchange rate, Li said in a meeting with International Monetary Fund Managing Director Christine Lagarde, according to the state-run television channel. China will keep the yuan at a reasonable and equilibrium level, Li said.