China Still Has Room to Provide Liquidity to Economy: PBOC Chief

China still has room to pump liquidity into the economy while keeping its leverage ratio stable, People’s Bank of China Governor Yi Gang said in Beijing on Sunday.

China’s macro-leverage ratio, or total debt-to-GDP ratio, remains at a stable level, Yi said at the China Development Forum in Beijing. “This will not only provide positive incentives for economic players, but also help create an environment less likely to spawn financial risks.” he said.