Ex-PBOC Official Says China Shouldn’t Rush to Tighten Policy
The PBOC have been discussing the possibility of withdrawing monetary stimulus as the economy rebounds.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
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China’s economy isn’t ready yet for monetary policy tightening and authorities should delay any action until at least the second half of 2021, a former central bank official said.