Economics
China Will Likely See Positive Economic Growth for 2020, PBOC Governor Says
- Yi reiterates that central bank seeks ‘normal’ monetary policy
- Citigroup says PBOC’s hawkish tone suggests no rate cuts in 4Q
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China will likely post positive economic growth for the full year and its debt ratio is expected to stabilize in 2021 after climbing in the wake of the coronavirus pandemic, the central bank governor said.